U.S. parents with life insurance death benefits equal to at least 5 times their annual incomes are more confident about college costs than other parents are.
The Life and Health Insurance Foundation for Education, Washington, has published that finding in a summary of results from a recent survey of 541 U.S. parents with children under age 18.
Researchers found that 94% of the participants say it is definite or likely that their children will attend college.