Financial services company Fidelity found that family and friends were willing to consider donating to college funds instead of giving a traditional present.
Paying for college can often be a family effort but when it comes to financing higher education, women are more uncomfortable than men asking their grandparents to chip in, a new survey found.
Sixty-four percent of those polled said they would be uncomfortable asking their grandparents to give them money to help pay for their education and forty-two percent said they'd be very uncomfortable. Women were also more likely to feel stressed about student loan debt than men. Only 38 percent of the men polled said they were stressed and 55 percent of women felt the pressure.
President Donald Trump's administration has also spoken out about the issue. The administration recommended putting added responsibility on institutions and better informing students about the costs associated with their degree in comparison to their projected income after graduation.
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