thinkprogress.org: Parents are providing less money to pay for their kids’ college education in the slowed economy. Their contributions are down from $8,752 for the 2009-2010 academic year to just $5,727 in the current one, as detailed by the Wall Street Journal from a report on college funding by Sallie Mae. The report did not include parents’ borrowing, but that has also declined, according to the WSJ.
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