The statistic shows the gap between parents' college savings goals and projected college savings in the United States in 2012, in U.S. dollars. The statistic also gives a breakdown of the facts, by income group. On average, parents expect to pay 32 percent of the total cost of college from their savings and income, which at a public four-year college would amount to a total of 44,489 U.S. dollars. Based on current saving habits, however, projections show that they are likely to save only half of this some, around 19,784 U.S. dollars.
Gap between parents' college saving goals and projected college savings in the United States in 2012 (in U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$149 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Average amount of American college savings in 2018, by ethnicity and saving vehicles
- Premium Statistic Percentage of American parents saving for college education of their children 2018
- Premium Statistic College funding - expected sources vs actual sources in the United States, 2014
- Premium Statistic College payment - average amount in the United States, by income level, 2007-2023
- Premium Statistic College payment - average amount U.S. families paid, by contribution source 2011-2021
- Premium Statistic Student borrowing - federal student loans taken out, by average amount 2011-2021
- Premium Statistic Student borrowing - percentage borrowing of federal loans U.S. 2011-2021
- Premium Statistic Attitudes to college - parents opinions on higher education in the U.S., 2010-2017
- Premium Statistic Attitudes to college - students' opinions on higher education in the U.S., 2010-2017
- Premium Statistic College payment - how typical U.S. families pay for college, by contribution 2023
About the region
10
- Premium Statistic Amount saved by families in the U.S. 2014, by purpose and time span
- Premium Statistic Average college savings of American families by savings vehicle U.S. 2018
- Premium Statistic Education expenses stress factors among students and their families in the U.S. 2016
- Premium Statistic Breakdown of costs of college in the U.S. and expected return among different majors
- Premium Statistic Most stressful household expenses for students and their families in the U.S. 2016
- Premium Statistic Confidence about covering college costs in the U.S. 2023, by race
- Premium Statistic Confidence about covering college costs in the U.S. 2023
- Premium Statistic Confidence about covering college costs 2023 in the U.S., by income
- Premium Statistic The most important factor for U.S. students and parents when choosing a school
- Premium Statistic Breakdown of how many U.S. college students work while they complete their degree
Selected statistics
10
- Premium Statistic Median income of arts majors by study focus in the U.S. 2013
- Premium Statistic Median income of communications and journalism majors by study focus in the U.S. 2013
- Premium Statistic Median income of psychology and social work majors by study focus in the U.S. 2013
- Basic Statistic Highest earning increase from obtaining a graduate degree in the U.S. 2013
- Basic Statistic College majors with the highest participation of Asian students in the U.S. 2009
- Basic Statistic U.S. college majors with the highest participation of African-American students 2009
- Basic Statistic U.S. student loan borrowers' debt levels, private four-year colleges 2005-2021
- Basic Statistic College graduation rate , by acceptance rate of U.S. college institution 2013
- Basic Statistic Least popular college majors in the U.S. by gender 2009
- Basic Statistic Share of U.S. Millennials whose monthly expenses were paid by their parents 2014
Other regions
10
- Basic Statistic Number of university students in Iceland 2010-2022
- Basic Statistic Number of students in higher education in Norway 2012-2022
- Premium Statistic Gender parity index for tertiary school enrollment in Ghana 2011-2020
- Premium Statistic Gender parity index for tertiary school enrollment in Morocco 2002-2021
- Premium Statistic Share of high school students enrolling in university South Korea 2013-2022
- Basic Statistic Higher education students from African countries in Russia 2010-2021
- Basic Statistic Enrolment numbers at public universities in Spain 2008-2023, by degree
- Premium Statistic Distribution of students enrolled in upper secondary schools 2019-2020, by gender
- Premium Statistic Gross primary school enrollment ratio in Egypt 2009-2019
- Premium Statistic Perceived responsibility for declining PISA results in Sweden 2016, by gender
Related statistics
10
- Premium Statistic Breakdown of where U.S. college students work 2016
- Premium Statistic Average length of a school term in U.S. elementary and secondary schools 1870-2019
- Premium Statistic Undergraduate enrollment in U.S. 4-year postsecondary institutions 1970-2031
- Premium Statistic School enrollment in public and private schools U.S. 1965-2031
- Basic Statistic High school enrollment in public and private institutions U.S. 1965-2031
- Basic Statistic Post-baccalaureate enrollment numbers U.S. 1976-2031, by gender
- Basic Statistic Post-baccalaureate enrollment U.S. 1976-2031, by attendance type
- Basic Statistic Undergraduate enrollment in private U.S. institutions 1970-2021, by type
- Basic Statistic Hispanic undergraduate enrollment numbers U.S. 1980-2021, by gender
- Basic Statistic Undergraduate enrollment in 2-year colleges U.S. 2021, by ethnicity
Further related statistics
10
- African-American undergraduate enrollment numbers, by gender 1976 to 2011
- Post-baccalaureate enrollment numbers in the U.S., by institution type 1976-2010
- Medicaid long-term care services expenditures by type of service 1990-21
- Share of teachers in the U.S. 2012, by ethnicity and school type
- Share of teachers in the U.S. 2007/08, by base salary and school type
- Students' evaluation of online vs on-campus colleges in the U.S. in 2011
- HR managers' evalations of online vs on-campus colleges in the U.S. in 2011
- Hours per day spent on leisure and sports in the U.S. by level of education 2009-2022
- Overweight high school students in the U.S. in 2016-2017, by gender and ethnicity
- U.S. students who watch at least three hours of TV a day 2017
Further Content: You might find this interesting as well
Statistics
- African-American undergraduate enrollment numbers, by gender 1976 to 2011
- Post-baccalaureate enrollment numbers in the U.S., by institution type 1976-2010
- Medicaid long-term care services expenditures by type of service 1990-21
- Share of teachers in the U.S. 2012, by ethnicity and school type
- Share of teachers in the U.S. 2007/08, by base salary and school type
- Students' evaluation of online vs on-campus colleges in the U.S. in 2011
- HR managers' evalations of online vs on-campus colleges in the U.S. in 2011
- Hours per day spent on leisure and sports in the U.S. by level of education 2009-2022
- Overweight high school students in the U.S. in 2016-2017, by gender and ethnicity
- U.S. students who watch at least three hours of TV a day 2017
Sallie Mae. (February 27, 2013). Gap between parents' college saving goals and projected college savings in the United States in 2012 (in U.S. dollars) [Graph]. In Statista. Retrieved December 01, 2023, from https://www.statista.com/statistics/260137/gap-between-parents-savings-goals-and-projected-savings-in-the-united-states/
Sallie Mae. "Gap between parents' college saving goals and projected college savings in the United States in 2012 (in U.S. dollars)." Chart. February 27, 2013. Statista. Accessed December 01, 2023. https://www.statista.com/statistics/260137/gap-between-parents-savings-goals-and-projected-savings-in-the-united-states/
Sallie Mae. (2013). Gap between parents' college saving goals and projected college savings in the United States in 2012 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 01, 2023. https://www.statista.com/statistics/260137/gap-between-parents-savings-goals-and-projected-savings-in-the-united-states/
Sallie Mae. "Gap between Parents' College Saving Goals and Projected College Savings in The United States in 2012 (in U.S. Dollars)." Statista, Statista Inc., 27 Feb 2013, https://www.statista.com/statistics/260137/gap-between-parents-savings-goals-and-projected-savings-in-the-united-states/
Sallie Mae, Gap between parents' college saving goals and projected college savings in the United States in 2012 (in U.S. dollars) Statista, https://www.statista.com/statistics/260137/gap-between-parents-savings-goals-and-projected-savings-in-the-united-states/ (last visited December 01, 2023)
Gap between parents' college saving goals and projected college savings in the United States in 2012 (in U.S. dollars) [Graph], Sallie Mae, February 27, 2013. [Online]. Available: https://www.statista.com/statistics/260137/gap-between-parents-savings-goals-and-projected-savings-in-the-united-states/