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College dreams jeopardized by economic nightmare

Quick ReadMany parents are reeling from pay cuts and lost overtime. Others fear losing their jobs while paying tuition.

Bob Finnegan, a truck driver, and his wife,

Photo credit: Newsday / Mahala Gaylord | Bob Finnegan, a truck driver, and his wife, Dotty, a secretary, are trying to figure out how to pay the $35,000 yearly costs for the University of Pittsburgh, the first choice school of their son, Billy. (Jan. 26, 2010)

As the recession enters its second year and jobs continue to dwindle on Long Island, parents are openly panicking about how to pay for college.

MORE: Click here for more education news on LI | College Prep Talk | Compare colleges on LI

Families that counted on money from refinancing their houses are finding that impossible as home values drop. Many parents are reeling from pay cuts and...

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