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.
Single Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access
Corporate solution including all features.
* Prices do not include sales tax.
Further Content: You might find this interesting as well
Statistics
- College funding - expected sources vs actual sources in the United States, 2014
- 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
- Average college savings of American families by savings vehicle U.S. 2018
- Average amount of American college savings in 2018, by ethnicity and saving vehicles
- Education expenses stress factors among students and their families in the U.S. 2016
- Most stressful household expenses for students and their families in the U.S. 2016
- Breakdown of costs of college in the U.S. and expected return among different majors
- The most important factor for U.S. students and parents when choosing a school
- Breakdown of how many U.S. college students work while they complete their degree
- Number of universities in Taiwan SY 2010-2020
- Students opinions on NHS practice placements in the UK in 2018
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 May 16, 2022, 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 May 16, 2022. 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: May 16, 2022. 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 May 16, 2022)