September 11, 2015

In July, financial services company Sallie Mae and the global independent market research company Ipsos released the eighth annual “How America Pays for College” study. The report focuses on how much money parents and students spend for a college education, where they obtain the funds to pay for the expenses associated with college, and their thoughts about the cost and value of higher education.

Perhaps the most surprising finding is that parental income and savings surpassed scholarships and grants for the first time in five years, and is the number one source of paying for college.

For more insights from the How America Pays for College study, check out our accompanying infographic:

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Categories: College Planning

Tags: avoid college debt, College, financial aid, money for college, paying for college

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