Saving for college in the United States

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Statista dossier on saving for college in the United States

This dossier presents a range of statistics and facts on saving for college in the United States. The cost of a college education in the United States is notoriously high and in order to meet the costs of education some families have to start saving from the birth of their child.

Table of contents

  • 1. Overview
    • College enrollment in public and private institutions in the U.S. 1965-2027

    • Personal savings in the U.S. 1960-2017

    • Reasons for saving money in the U.S. in 2017, by age

    • Expected budget required for undergraduate studies in the U.S. by sector 2017-18

    • College payment - average amount in the United States, by income level, 2007-2016

    • Tuition and fees at public two-year colleges, by U.S. region 2017/18

  • 2. Demographics
    • Percentage of American parents saving for college education of their children 2015

    • Share of parents saving for college in the U.S. 2016, by generation

    • Share of parents saving for college in U.S. 2007-2016

    • Share of parents saving in a college savings account in U.S. 2007-2016

    • Share of households saving for college in the U.S. 2016, by age of head of household

  • 3. Confidence in saving
    • Parents who felt confident about meeting tuition costs for college in the U.S. 2016

    • Attitudes to college - parents opinions on higher education in the U.S., 2008-2015

    • Reasons why U.S. parents do not regularly set aside money for kids' college 2015

    • Ways of spending of lottery/inheritance money in the U.S. 2017

  • 4. Savings behaviour
    • Average college savings of American families by savings vehicle U.S. 2016

    • Average amount of American college savings in 2016, by ethnicity and saving vehicles

    • Amount of money parents have saved for college in the U.S. 2016, by generation

    • 529 college saving plan awareness in the U.S. 2017

  • Language: English
  • Released: 2017
  • Source(s): Statista
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