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A Letter from MassMutual

Latinos are one of the most optimistic groups when it comes to the affordability of college, although they have saved the least amount of money of the ethnic groups surveyed.

According to the College Planning and Saving Study from Massachusetts Mutual Life Insurance Company (MassMutual), 53% of Hispanic parents say they plan to pay for half more of their child’s college costs. 

Latinos are one of the most optimistic groups when it comes to the affordability of college, although they have saved the least amount of money of the ethnic groups surveyed.

According to the College Planning and Saving Study from Massachusetts Mutual Life Insurance Company (MassMutual), 53% of Hispanic parents say they plan to pay for half more of their child’s college costs. 

You can find a lot of information online to help you determine how much you need to save to align with your current goals. MassMutual has an online college savings calculator  to help you approximate savings.

 

 

Regards,

David Hufnagel
Latino Market Leader
MassMutual, Diverse Markets

 

Source: MassMutual's College Planning & Saving Study was conducted by New American Dimensions, LLC, 2017

© 2017 Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001
All rights reserved. www.massmutual.com. CRN202003-226754

 

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