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College payment - average amount in the United States, by income level, 2007-2019
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College payment - average amount in the United States, by income level, 2007-2019
Average amount paid for college in the United States, year-over-year, between 2007 and 2019, by income level (in U.S. dollars)
by Erin Duffin,
last edited
Aug 7, 2019
This statistic shows the average amount paid for college in the United States, year-over-year, between 2007 and 2019, sorted by income level ranging from low-income families to high-income families. In the time between 2018 and 2019, low-income families paid 22,320 U.S. dollars on average for college, whereas high-income families paid 30,706 U.S. dollars during this time.
Average amount paid for college in the United States, year-over-year, between 2007 and 2019, by income level (in U.S. dollars)
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by Erin Duffin,
last edited
Aug 7, 2019
This statistic shows the average amount paid for college in the United States, year-over-year, between 2007 and 2019, sorted by income level ranging from low-income families to high-income families. In the time between 2018 and 2019, low-income families paid 22,320 U.S. dollars on average for college, whereas high-income families paid 30,706 U.S. dollars during this time.
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- Release date
- July 2019
- Region
- United States
- Survey time period
- 2007 to 2019
- Supplementary notes
-
According to the 2019 report, low-income were defined as those with an annual household income of less than $35,000, middle-income with an annual income from $35,000 to less than $100,000, and high-income with an annual income of $100,000 or more.
Data for 2007 to 2018 has been retrieved from previous publications.
Source
- Show sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- July 2019
More information
- Region
- United States
- Survey time period
- 2007 to 2019
- Supplementary notes
-
According to the 2019 report, low-income were defined as those with an annual household income of less than $35,000, middle-income with an annual income from $35,000 to less than $100,000, and high-income with an annual income of $100,000 or more.
Data for 2007 to 2018 has been retrieved from previous publications.
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Funding university in the U.S.
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Attitudes to college - students' opinions on higher education in the U.S., 2010-2017
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College payment - how typical U.S. families pay for college, by contribution 2019
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Statistics on "Funding university in the United States"
- Overview
The most important statistics
- College enrollment in the United States from 1965 to 2017 and projections up to 2028 for public and private colleges (in millions)College enrollment in public and private institutions in the U.S. 1965-2028
- Average amount paid for college in the United States, year-over-year, between 2007 and 2019, by income level (in U.S. dollars)College payment - average amount in the United States, by income level, 2007-2019
- Average amount charged for tuition and fees at public two-year colleges in the United States 2018/19, by region (in U.S. dollars)Tuition and fees at public two-year colleges, by U.S. region 2018/19
- Distribution of student loan debt in the United States as of 2018Distribution of student loan debt in the U.S. 2018
- Sallie Mae key figures
The most important statistics
- Total assets of SLM Corporation (Sallie Mae) from 2010 to 2018 (in billion U.S. dollars)Total assets of Sallie Mae 2010-2018
- Interest income from cash and equivalents at SLM Corporation (Sallie Mae) from 2013 to 2018 (in million U.S. dollars)Interest income from cash and equivalents at Sallie Mae 2013-2018
- Total non-interest expenses of SLM Corporation (Sallie Mae) from 2013 to 2018 (in million U.S. dollars)Non-interest expenses of Sallie Mae 2013-2018
- Net interest income of SLM Corporation (Sallie Mae) from 2010 to 2018 (in million U.S. dollars)Net interest income of Sallie Mae 2010-2018
- Return on common stockholder equity at SLM Corporation (Sallie Mae) from 2010 to 2018Return on common shareholder equity at Sallie Mae 2010-2018
- Operating expenses of SLM Corporation (Sallie Mae) from 2013 to 2017 (in million U.S. dollars)Operating expenses of Sallie Mae 2013-2017
- Sallie Mae and college finance
The most important statistics
- Value of net student loans at SLM Corporation (Sallie Mae) from 2010 to 2018 (in billion U.S. dollars)Value of net student loans at Sallie Mae 2010-2018
- Total borrowings of Navient Corporation* from 2008 to 2018 (in billion U.S. dollars)Total borrowings of Navient Corporation 2008-2018
- Interest income from loans at Sallie Mae from 2013 to 2018 (in million U.S. dollars)Interest income from loans at Sallie Mae 2013-2018
- Interest income from FFELP loans at Navient Corporation from 2010 to 2018 (in million U.S. dollars)Interest income from FFELP loans at Navient Corporation 2010-2018
- Funding education
The most important statistics
- How the typical family in the United States pays for college in 2019, by percent of total typical contribution made from each sourceCollege payment - how typical U.S. families pay for college, by contribution 2019
- Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2019, by contribution source (in U.S. dollars)College payment - average amount U.S. families paid, by contribution source 2011-2019
- College student use of federal loans, year-over-year, in the United States between 2011 and 2019, by average amount borrowed (in U.S. dollars)Student borrowing - federal student loans taken out, by average amount 2011-2019
- Percentage of college students who took out of federal loans, year-over-year, in the United States between 2010 and 2019Student borrowing - percentage borrowing of federal loans in the U.S. 2011-2019
- Percentage of American parents saving for their college education of their children from 2009 to 2018Percentage of American parents saving for college education of their children 2018
- Planning actions to pay for college in the U.S. in 2018Planning actions to pay for college in the U.S. 2018
- Attitudes on financing college education
The most important statistics
- Parents' attitudes toward college in the United States, opinions rated strongly agree, year-on-year between 2010 and 2017Attitudes to college - parents opinions on higher education in the U.S., 2010-2017
- Confidence among parents about meeting the costs of their children's college education in the United States in 2019American parents' confidence about covering college costs of their children 2019
- Students' attitudes toward college in the United States, opinions rated strongly agree, year-on-year between 2010 and 2017Attitudes to college - students' opinions on higher education in the U.S., 2010-2017
- Satisfaction with finances and job amongst young adults in the United States in 2017, by genderSatisfaction with finances and job amongst young adults in the U.S. 2017, by gender
- Perceived value of education received compared to price paid among parents and students in the U.S. 2018Perceived value of education compared to price paid: parents and students U.S. 2018
- Perceived value of education received compared to price paid in U.S. in 2018, by ethnicityPerceived value of education compared to price paid, by ethnicity in U.S. 2018
- Thinking about your student loan(s), did you ever default on payment?Share of defaults on student loans in the U.S. 2018, by age
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Further Content: Statistics, Studies, and Topic Pages
Statistics
- College saving - average parent savings in the U.S. by age of child and income
- College saving - families in the United States who have a plan to pay, 2012
- College saving - average total amount saved by age of oldest child, 2012
- Parents who felt confident about meeting tuition costs for college in the U.S. 2016
- College saving - average saving by age of oldest child and income 2012
- College funding - expected sources vs actual sources in the United States, 2014
- College saving - gap between parents' goals and projected college savings, 2012
- Most stressful household expenses for students and their families in the U.S. 2016
- Share of U.S. families who have a plan for financing college, by income 2010-2016
- Breakdown of costs of college in the U.S. and expected return among different majors
- Students assessment and feedback on their course in the UK in 2018
- Median income of architecture and engineering majors by study focus in the U.S. 2013
- Average study hours of university students in South Korea 1999-2014 by gender
- Italy: intention to enroll at university of high school students 2018, by age group
- Median income of arts majors by study focus in the U.S. 2013
- Italy: number of informatics students in Sardinia 2016, by background
- Italy: number of informatics students in Umbria 2016, by background
- Total residential buildings for leading universities the United Kingdom 2016/17
- Median income of law and public policy majors by study focus in the U.S. 2013
- Number of visitors in a library in Ulsan, South Korea 2012-2017
Studies
- Funding university in the United States
- University finances in the UK
- The Ivy League
- Education in Italy
- Colleges and universities in the U.S.
- Higher education in the United Kingdom (UK)
- University of Oxford: Financial Statements 2015/2016
- University of Cambridge: Reports and Financial Statements for the year ended 31 July 2016
- How America Pays for College 2019
- College choice in the United States
- Academic libraries in the United States
- Electronic resources at academic libraries in the United States
- How America Pays for College 2017
- How America Saves for College 2018
- How America Pays for College 2018
Statistics on "Funding university in the United States"
- College enrollment in the United States from 1965 to 2017 and projections up to 2028 for public and private colleges (in millions)
- Average amount paid for college in the United States, year-over-year, between 2007 and 2019, by income level (in U.S. dollars)
- Average amount charged for tuition and fees at public two-year colleges in the United States 2018/19, by region (in U.S. dollars)
- Distribution of student loan debt in the United States as of 2018
- Total assets of SLM Corporation (Sallie Mae) from 2010 to 2018 (in billion U.S. dollars)
- Interest income from cash and equivalents at SLM Corporation (Sallie Mae) from 2013 to 2018 (in million U.S. dollars)
- Total non-interest expenses of SLM Corporation (Sallie Mae) from 2013 to 2018 (in million U.S. dollars)
- Net interest income of SLM Corporation (Sallie Mae) from 2010 to 2018 (in million U.S. dollars)
- Return on common stockholder equity at SLM Corporation (Sallie Mae) from 2010 to 2018
- Operating expenses of SLM Corporation (Sallie Mae) from 2013 to 2017 (in million U.S. dollars)
- Value of net student loans at SLM Corporation (Sallie Mae) from 2010 to 2018 (in billion U.S. dollars)
- Total borrowings of Navient Corporation* from 2008 to 2018 (in billion U.S. dollars)
- Interest income from loans at Sallie Mae from 2013 to 2018 (in million U.S. dollars)
- Interest income from FFELP loans at Navient Corporation from 2010 to 2018 (in million U.S. dollars)
- How the typical family in the United States pays for college in 2019, by percent of total typical contribution made from each source
- Average amounts paid by the typical family for college in the United States, year-over-year, between 2011 and 2019, by contribution source (in U.S. dollars)
- College student use of federal loans, year-over-year, in the United States between 2011 and 2019, by average amount borrowed (in U.S. dollars)
- Percentage of college students who took out of federal loans, year-over-year, in the United States between 2010 and 2019
- Percentage of American parents saving for their college education of their children from 2009 to 2018
- Planning actions to pay for college in the U.S. in 2018
- Parents' attitudes toward college in the United States, opinions rated strongly agree, year-on-year between 2010 and 2017
- Confidence among parents about meeting the costs of their children's college education in the United States in 2019
- Students' attitudes toward college in the United States, opinions rated strongly agree, year-on-year between 2010 and 2017
- Satisfaction with finances and job amongst young adults in the United States in 2017, by gender
- Perceived value of education received compared to price paid among parents and students in the U.S. 2018
- Perceived value of education received compared to price paid in U.S. in 2018, by ethnicity
- Thinking about your student loan(s), did you ever default on payment?
- Average college savings made by U.S. parents for thier oldest child, divided into income groups in 2012 (in U.S. dollars)
- Families in the United States who have a plan to pay for their offspring to go to college in 2012, by category
- Average total college savings made by parents in the United States, by age of the oldest child (in U.S. dollars)
- Parents who felt extremely or somewhat confident about meeting the costs of college for their offspring in the United States in 2016, by category
- American parents average saving for college tuition fees, by age of oldest child and income group in 2012 (in U.S. dollars)
- Expected sources of college funding compared with actual sources of funding in the United States in 2014 (in percent)
- Gap between parents' college saving goals and projected college savings in the United States in 2012 (in U.S. dollars)
- Share of families in the United States with children at college with financial stress in 2016, by expense type
- Percentage of families in the United States who have a plan to pay for university from 2010 to 2016, by income level
- Average annual cost of college in the United States and expected starting salary, by major, in 2016 (in U.S. dollars)
- Share of university students views assessment and feedback on their course in the United Kingdom in 2018
- Median income of architecture and engineering majors, by focus of study in the United States in 2013 (in 2013 U.S. dollars)
- Average number of hours university students spent on studying per day in South Korea from 1999 to 2014, by gender
- Do you think you will enroll at university after secondary school?
- Median income of arts majors, by focus of study in the United States in 2013 (in 2013 U.S. dollars)
- Number of newly enrolled students in informatics university courses in the Italian region of Sardinia in 2016, by type of high school diploma
- Number of newly enrolled students in informatics university courses in the Italian region of Umbria in 2016, by type of high school diploma
- Total number of residential buildings for leading universities in the United Kingdom (UK) as of 2016/17
- Median income of law and public policy majors, by focus of study in the United States in 2013 (in 2013 U.S. dollars)
- Average number of visitors in a library in Ulsan, South Korea from 2012 to 2017
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