Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Sydney Lake

Parents are sacrificing retirement, taking second jobs, and liquidating investments just to afford college for their kids

Photo of a man talking to a woman, who looks worried (Credit: Getty Images)
  • With the cost of college soaring, many parents are making major financial sacrifices like delaying retirement, liquidating savings, or taking second jobs to help their children avoid student debt. More than 60% of parents now go beyond traditional college funding methods, often without a clear savings strategy. Financial advisors suggest this could lead to risky financial decisions.

Parents make countless sacrifices for their children. And now that college is more expensive than ever, they’re jeopardizing their own financial futures to try to secure their kids’. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.