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Futuretrust college-savings survey find parents expect kids' help

(February 2, 2010) - The "Hopes and Dreams" telephone survey commissioned by Futuretrust and conducted in December 2009 by Harris Interactive finds that 90% of parents who anticipate that their children will attend college expect their children to contribute at least in part to their own college tuition. A large percentage (80%) are looking to their children to apply for grants and scholarships.

The survey also found that 41% of parents who anticipate that their children will attend college have opened or plan to open a 529 tax-advantaged college savings account, although 33% still do not know what a 529 account is.

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