Fidelity Investments released the results of its first annual College Savings Indicator on Wednesday, which tracks how well prepared parents are to meet future college costs, which are currently projected to top an average of $100,000 nationwide for today’s high school seniors.

Parents on average are projected to meet only 24% of their children’s college education costs, including tuition, room and board, but those who are invested in a 529 college savings plan are on track to meet 52% of those costs.

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