Question of the Day: What percent of high school seniors feel unprepared to manage the cost of college?
- How prepared do you feel for paying and managing the cost of college? Explain your answer.
- If you feel prepared, what helped get you to this stage?
- What steps can you take to be better prepared for this decision?
- What are three most burning questions you have about paying for college? Be specific.
Behind the numbers (Junior Achievement Press Release):
According to a new survey conducted on behalf of Junior Achievement USA and Rhode Island-based Citizens Bank, a troubling majority of high school juniors (52%), high school seniors (39%) and college freshman (34%) say they are unprepared for managing and paying for the cost of college.
The research also reveals why college-bound and college-age teenagers likely feel ill-prepared. The number of teens with less than $1,000 in their college savings accounts is staggering – 39% of juniors, 30% of seniors, and 29% of college freshmen. Well over half of each class agrees they have not done enough research on how to pay for college. And, a large majority of each class has either never spoken to their parents or only spoken to their parents once about paying for and managing the cost of college.
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