Study: Children of divorce responsible for more of college costs
On behalf of Stange Law Firm, PC posted in Divorce on Monday, December 27, 2010. A new study found that children of divorced parents are responsible for more of college’s financial burdens than those students’ whose parents are still together. According to the study, married parents contribute about 8 percent of their income to college costs, while those who have gone through a divorce only contribute 6 percent of an income. In addition, those who are married cover 77 percent of a child’s financial needs, while those who are no longer together pay only 42 percent of those financial needs. In addition, the study also looked at parents