Poll: College Cost Increasingly Seen as Top Financial Challenge

An increasing number of Americans are citing college expenses as their top financial challenge, according to a Gallup poll released Monday.

More than one in five young adults (18 to 29) dubbed the cost of college as their top financial concern. College costs also tied as the primary concern for 30 to 49-year-olds. As Katie noted earlier, financial hardships have caused a growing number of older adults to move back in with their aging parents.

The average college debt for students in the class of 2013 was $29,400.