The statistic shows the average college savings made by parents in the United States for their oldest child. The results are divided into averages and by income groups ranging from low-income to high-income, a total is also given. In 2012, parents in the United States who were in the low-income categroy and had a child aged between 0 and 6 saved on average 796 U.S. dollars for their childs college education, while those in the high-income category had put away sums amounting, on average, to 1,837 U.S. dollars.
Average college savings made by U.S. parents for thier oldest child, divided into income groups in 2012
(in U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Sallie Mae. (February 27, 2013). Average college savings made by U.S. parents for thier oldest child, divided into income groups in 2012 (in U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/260152/average-college-savings-made-by-parents-by-age-of-oldest-child-and-income-group/
Sallie Mae. "Average college savings made by U.S. parents for thier oldest child, divided into income groups in 2012 (in U.S. dollars)." Chart. February 27, 2013. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/260152/average-college-savings-made-by-parents-by-age-of-oldest-child-and-income-group/
Sallie Mae. (2013). Average college savings made by U.S. parents for thier oldest child, divided into income groups in 2012 (in U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/260152/average-college-savings-made-by-parents-by-age-of-oldest-child-and-income-group/
Sallie Mae. "Average College Savings Made by U.S. Parents for Thier Oldest Child, Divided into Income Groups in 2012 (in U.S. Dollars)." Statista, Statista Inc., 27 Feb 2013, https://www.statista.com/statistics/260152/average-college-savings-made-by-parents-by-age-of-oldest-child-and-income-group/
Sallie Mae, Average college savings made by U.S. parents for thier oldest child, divided into income groups in 2012 (in U.S. dollars) Statista, https://www.statista.com/statistics/260152/average-college-savings-made-by-parents-by-age-of-oldest-child-and-income-group/ (last visited November 18, 2024)
Average college savings made by U.S. parents for thier oldest child, divided into income groups in 2012 (in U.S. dollars) [Graph], Sallie Mae, February 27, 2013. [Online]. Available: https://www.statista.com/statistics/260152/average-college-savings-made-by-parents-by-age-of-oldest-child-and-income-group/