Apparently , there exists a huge disconnect between parents and teens when it comes to who is expected to fund college . According to a new survey conducted by Junior Achievement USA and The Allstate Foundation , nearly half of teens questioned ( 48 per cent ) think their parents will help pay for college , but only 16 per cent of their parents reported planning to . Of the 800 parents polled , more than a third said they don ’ t speak to their children about money at all , stating they want to 'let kids be kids ' . Thanks for nothing , dad : The study , conducted by Junior Achievement USA and The Allstate Foundation , found a huge disconnect between parents and teens when it comes to who is expected to fund college . 'It is obvious that parents and teens need to have honest conversations about money management , including paying for college , ' said Jack E. Kosakowski , president and chief executive officer of Junior Achievement USA . 'Together as a family , it is important to develop a plan for life after high school – whatever that looks like for your family . ' Even when parents do talk to their teens about money , it appears that girls are often side-lined . Around 40 per cent of girls said their parents did n't talk to them enough about finances , compared to just 24 per cent of boys . According to the College Board , the average annual cost of tuition and fees for the 2014–2015 school year was as follows : . Furthermore , females - teens and their parents - both have lower expectations about their potential earning power . Moms are significantly more likely than dads to say their child will earn $ 15k or less at their first job after graduation ( 26 per cent compared with 17 per cent respectively ) . Similarly , when asked about their future earning power , 24 per cent of teen girls say they ’ ll make $ 15k or less at their first job , compared to only 16 per cent of boys who feel the same . It appears things are n't improving either . The overall number of teens who think their parents don ’ t spend enough time talking to them about money matters is up by 11 per cent over last year 's findings .
A new survey , conducted by Junior Achievement Research and The Allstate Foundation , revealed a significant gap between expectations . More than a quarter of parents polled admitted they do n't talk to their teens about money at all . Females - parents and daughters - both have lower expectations about their potential purchasing power . Parents are more likely to discuss money matters with parents than daughters .