Struggling to Save for the American Dream: College

July 2009
Journal of Financial Planning;Jul2009, Vol. 22 Issue 7, p11
Academic Journal
The article presents a survey conducted by OppenheimerFunds Inc., regarding the efforts of American parents in sending their children to college in the U.S. Survey shows that 60% of these parents have saved for their children's college, amidst the impact of global financial crisis. However, it is found that 55% of parents have saved less than $10,000. Donna Winn, chief operations officer (CEO) of Oppenheimer, cites the efforts of these parents to send their children to college.


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