How America Pays for College in 2015

How America pays for college infographicHow America pays for collegeIn 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:

Comments are off for this post
Categories: College Planning
Please note: Articles and other information included on this website are intended for the general interest of our readers, and are not intended to express the positions or views of Gerber Life or to provide or constitute, legal, financial, health or other advice. Gerber Life makes no claims, representations, or warranties as to the accuracy, completeness, or appropriateness of this general interest information for your particular circumstances. If you need legal, financial, health or other services, you should contact a duly licensed professional.

WB-TPT-P (1015)