College savings hits all-time high

[4kidsdad]

<p>See another report [College</a> Savings Reach Record High In 2012: Report](<a href=“College Savings Reach Record High In 2012: Report | HuffPost Impact”>College Savings Reach Record High In 2012: Report | HuffPost Impact)

As more families prioritize college savings, other savings accounts across the country appear to be suffering. Nearly half of Americans have less than $500 in savings, and more than 60 percent of Americans live paycheck to paycheck. In addition, 49 percent of Americans polled in a recent survey revealed that they do not even have enough money to cover three months of expenses in case of an emergency.</p>

<p>Fitzgerald attributed this stark discrepancy between education and other savings plans to the American value in education.

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