Gerber Life College Savings Snapshot

Gerber Life COLLEGE PLAN Secure. Growth. Guaranteed. The College Savings Snapshot conducted by Gerber Life Unveils How Parents Feel about Saving for their Child's Education 4 IN 5 PARENTS identify at least one worry about saving for their child's future college tuition (81%) 91% OF PARENTS are willing to give up at least one thing until their child turns 18, if it means that their child's education would be paid for $ $ 46% OF PARENTS 42% 27% 21% say that if their child were to receive a scholarship for college, it would relieve the stress of saving for college all on their own 2 in 5 (42%) parents would give up all of their vacation days 1 in 5 (21%) would give up the internet More than a quarter (27%) would forego their cell phone ALMOST HALF (47%) of parents fear that their child will graduate college with a lot of debt According to parents with young children, the top obstacles to putting more money away for their child's college education are 39% 33% 25% A reality TV star is the top profession parents of young children hope their child does not grow A third of parents hope their child does not grow A quarter of parents with young children hope their child does not become 50% mortgage and rent payments up to be a telemarketer (33%) 66% paying general household bills a politician (25%) up to become (39%) The College Savings Snapshot was conducted in 2012 by Wakefield Research on behalf of Gerber Life. 500 nationally representative American parents ages 18+, with children ages 8 and under living in the home were polled. @GerberLife Facebook.com/GerberLife >OTE