Parents working with financial advisors are saving more for college than those who don’t, according to a new study by Fidelity Investments.

Yet the ongoing financial difficulties have made saving for college that much harder. The fourth annual College Savings Indicator study found that the percentage of college costs parents are projected to meet is only 16%, down from 18% last year, and 24% in 2007, the first year of Fidelity’s survey. However, those who work with an advisor are projected to meet 28% of college costs, down from 34% last year. And 88% of parents working with advisors have started saving for college, compared with 67% who are not working with an advisor.

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