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)
Savings
Total
Low-income
Middle-income
High-income
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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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/