Most students with college aspirations end up beginning their freshman year right after graduation, but a new study shows that two in five teens are willing to put off their extended education for economic reasons.
According to a survey conducted by TD Ameritrade, 36 percent of students are okay with putting their university plans on hold so they can save money to attend. The company conducted the same survey last year, and 31 percent of teens expressed the sentiment -- that's a five percent increase.
"I think that the economy has played a big role in this and it's really unfortunate that college is being delayed," Stuart Rubinstein, managing director of investment products told Marketwatch.
Although 80 percent of teens consider college important, the costs of attending can be overwhelming. However, 78 percent of teens said they are sitting down with their parents ahead of time to come up with a plan on how to tackle the expense.
Do you want to go college? Maybe you've already applied and have been accepted, but if not, would you put your plans on hold to save money for it? Experts say families should start saving for college as early as possible. Is that what your game plan is? What are you doing to ensure that you can go? %Poll-51628%