The average yearly outlay is $2,562, although some grandparents are spending far more on college costs for the grandchildren.
div > div.group > p:first-child"> At 70 million strong — up 24% from 56 million in 2001 — the group spends a collective $179 billion on their grandkids annually, according to new research from AARP. The average spent is $2,562.
While the nation's $1.56 trillion student loan debt is shouldered largely by millennials, Federal Reserve data shows that in 2018, Americans over age 50 owed more than $260 billion in student loans, up from $36 billion in 2004. "We try to make sure the gifts are small enough relative to our clients' overall assets and income so it's inconceivable that it would cause a reduction of lifestyle in later years," said Myers, a managing member at Fortune 360 Group in Plantation, Florida.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
CIA plans to spend billions on cloud computing with multiple tech giantsThe program would dramatically expand the federal market for the technology — and give a chance for other companies to compete with Amazon.com Inc., the dominant cloud-services provider.
Consulte Mais informação »
Whisky, Swords And House Lannister Coin Purses: 'Game Of Thrones' Merch Is ComingThe end might be near for Westeros, but never fear! Through the magic of merchandising, you too can own Oathkeeper, wear a Lannister coin purse and sip on White Walker whisky—for a fee, of course.
Consulte Mais informação »
Brexit summit: EU expected to grant UK extension with strings attachedEuropean leaders will decide on Wednesday whether to grant the U.K. another extension to its departure from the bloc, due to take place on Friday April 12.
Consulte Mais informação »
Aramco sells $12 billion bonds out of record $100 billion demandSaudi Aramco is set to raise $12 billion with its first international bond issue...
Consulte Mais informação »
What Wall Street estimates Disney will spend on original TV and movies for its Netflix competitor, and how many billions it could lose in licensing revenueUBS projects Disney to significantly ramp up spending on original content for its upcoming streaming service over time.
Consulte Mais informação »
Paramedics pull injured to safety after a blast and fire in Durham, North CarolinaFirefighters were battling a blaze triggered by a suspected gas leak at a downtown Durham, North Carolina, building Wednesday morning, according to fire officials.
Consulte Mais informação »
An Australian start-up is using robots to pull weeds and herd cattleTechnology is driving change across the agriculture sector.
Consulte Mais informação »
Burger King pulls New Zealand chopsticks ad after outcry in ChinaBurger King pulled a promotional video in New Zealand showing customers trying t...
Consulte Mais informação »
Burger King pulls New Zealand chopsticks ad after outcry in ChinaBurger King pulled a promotional video in New Zealand showing customers trying to eat burgers with chopsticks after it sparked an outcry in China and demands for an apology from the U.S. fast food chain.
Consulte Mais informação »