The statistic depicts the expectations and the reality of sources used to finance college studies in the United States for an academic year 2013-2014. Shown are the various funding sources actually used as a percentage of total funds drawn for college funding versus the levels expected to be drawn upon. When saving for their child's college education, parents' had anticipated spending 30 percent of their income and savings on their child's college education but actual spending proved this sum to be slightly less amounting to at 27 percent between 2013 and 2014.
Expected sources of college funding compared with actual sources of funding in the United States in 2014
(in percent)
Characteristic
Actual use reported by paying parents
Saving parents estimated use
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Sallie Mae. (April 27, 2014). Expected sources of college funding compared with actual sources of funding in the United States in 2014 (in percent) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/260134/expected-portion-of-college-to-be-paid-from-each-source-compared-with-actual-source-in-the-united-states/
Sallie Mae. "Expected sources of college funding compared with actual sources of funding in the United States in 2014 (in percent)." Chart. April 27, 2014. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/260134/expected-portion-of-college-to-be-paid-from-each-source-compared-with-actual-source-in-the-united-states/
Sallie Mae. (2014). Expected sources of college funding compared with actual sources of funding in the United States in 2014 (in percent). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/260134/expected-portion-of-college-to-be-paid-from-each-source-compared-with-actual-source-in-the-united-states/
Sallie Mae. "Expected Sources of College Funding Compared with Actual Sources of Funding in The United States in 2014 (in Percent)." Statista, Statista Inc., 27 Apr 2014, https://www.statista.com/statistics/260134/expected-portion-of-college-to-be-paid-from-each-source-compared-with-actual-source-in-the-united-states/
Sallie Mae, Expected sources of college funding compared with actual sources of funding in the United States in 2014 (in percent) Statista, https://www.statista.com/statistics/260134/expected-portion-of-college-to-be-paid-from-each-source-compared-with-actual-source-in-the-united-states/ (last visited August 25, 2024)
Expected sources of college funding compared with actual sources of funding in the United States in 2014 (in percent) [Graph], Sallie Mae, April 27, 2014. [Online]. Available: https://www.statista.com/statistics/260134/expected-portion-of-college-to-be-paid-from-each-source-compared-with-actual-source-in-the-united-states/