Parents who attained a higher education are more likely to save for their children's college education, according to a survey conducted in the United States in 2022. The results revealed that over the half of parents saving money for their kids' college had completed graduate school or college.
Share of households saving for college in the United States in 2022, by education level of head of household
Households saving for college are households that own education savings plans (Coverdell ESAs or 529 plans) or that said paying for education was one of their financial goals for their mutual funds.
The source does not provide additional information regarding the survey methodology.
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ICI. (May 23, 2023). Share of households saving for college in the United States in 2022, by education level of head of household [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1233289/share-of-households-saving-for-college-in-usa-by-education-level/
ICI. "Share of households saving for college in the United States in 2022, by education level of head of household." Chart. May 23, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1233289/share-of-households-saving-for-college-in-usa-by-education-level/
ICI. (2023). Share of households saving for college in the United States in 2022, by education level of head of household. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1233289/share-of-households-saving-for-college-in-usa-by-education-level/
ICI. "Share of Households Saving for College in The United States in 2022, by Education Level of Head of Household." Statista, Statista Inc., 23 May 2023, https://www.statista.com/statistics/1233289/share-of-households-saving-for-college-in-usa-by-education-level/
ICI, Share of households saving for college in the United States in 2022, by education level of head of household Statista, https://www.statista.com/statistics/1233289/share-of-households-saving-for-college-in-usa-by-education-level/ (last visited December 03, 2024)
Share of households saving for college in the United States in 2022, by education level of head of household [Graph], ICI, May 23, 2023. [Online]. Available: https://www.statista.com/statistics/1233289/share-of-households-saving-for-college-in-usa-by-education-level/