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Darling, Have You Thought About Community College Instead?

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News video: Darling, Have You Thought About Community College Instead?The U.S. stock market is at a record high and economists are generally reporting a positive outlook. And yet, Reuters reports U.S. parents spent less on college tuition during the 2016-17 school year. Out-of-pocket spending by parents fell to 23 percent from 29 percent of the average amount the typical family pays for college. That translates to about $5,527 out of the average $23,757 yearly tab. Much of the difference was made up by a big jump in student borrowing. That leaped from 13 percent of the total up to 19 percent.

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