The head of over a quarter of households that were saving for college in the United States in 2022 were younger than 35 years old. In the surveys done in previous years, most of the heads of household saving for college were somewhat older. There was nevertheless a certain amount of people saving for college after they were 65 years old.
Share of households saving for college in the United States from 2020 to 2022, by age 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 from 2020 to 2022, by age of head of household [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/633885/share-of-households-saving-for-college-in-usa-by-age-of-head-of-household/
ICI. "Share of households saving for college in the United States from 2020 to 2022, by age of head of household." Chart. May 23, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/633885/share-of-households-saving-for-college-in-usa-by-age-of-head-of-household/
ICI. (2023). Share of households saving for college in the United States from 2020 to 2022, by age of head of household. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/633885/share-of-households-saving-for-college-in-usa-by-age-of-head-of-household/
ICI. "Share of Households Saving for College in The United States from 2020 to 2022, by Age of Head of Household." Statista, Statista Inc., 23 May 2023, https://www.statista.com/statistics/633885/share-of-households-saving-for-college-in-usa-by-age-of-head-of-household/
ICI, Share of households saving for college in the United States from 2020 to 2022, by age of head of household Statista, https://www.statista.com/statistics/633885/share-of-households-saving-for-college-in-usa-by-age-of-head-of-household/ (last visited December 30, 2024)
Share of households saving for college in the United States from 2020 to 2022, by age of head of household [Graph], ICI, May 23, 2023. [Online]. Available: https://www.statista.com/statistics/633885/share-of-households-saving-for-college-in-usa-by-age-of-head-of-household/