In the time between 2020 and 2021, low-income families paid 27,624 U.S. dollars on average for college, whereas high-income families paid 28,280 U.S. dollars during this time. On average, families in the United States paid 26,373 U.S. dollars for college.
Average amount paid for college in the United States, year-over-year, between 2007 and 2021, by income level
(in U.S. dollars)
According to the 2021 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 2020 has been retrieved from previous publications.
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Sallie Mae. (July 20, 2021). Average amount paid for college in the United States, year-over-year, between 2007 and 2021, by income level (in U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/259199/average-amount-paid-for-college-year-over-year-in-the-united-states-by-income-level/
Sallie Mae. "Average amount paid for college in the United States, year-over-year, between 2007 and 2021, by income level (in U.S. dollars)." Chart. July 20, 2021. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/259199/average-amount-paid-for-college-year-over-year-in-the-united-states-by-income-level/
Sallie Mae. (2021). Average amount paid for college in the United States, year-over-year, between 2007 and 2021, by income level (in U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/259199/average-amount-paid-for-college-year-over-year-in-the-united-states-by-income-level/
Sallie Mae. "Average Amount Paid for College in The United States, Year-over-year, between 2007 and 2021, by Income Level (in U.S. Dollars)." Statista, Statista Inc., 20 Jul 2021, https://www.statista.com/statistics/259199/average-amount-paid-for-college-year-over-year-in-the-united-states-by-income-level/
Sallie Mae, Average amount paid for college in the United States, year-over-year, between 2007 and 2021, by income level (in U.S. dollars) Statista, https://www.statista.com/statistics/259199/average-amount-paid-for-college-year-over-year-in-the-united-states-by-income-level/ (last visited May 23, 2022)
