College Savings Surveys Offer Insights

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Joseph Hurley

By Joseph Hurley

October 23, 2020’s online surveys are not scientific, but are informative nonetheless. A perusal through our past surveys leads to some interesting findings:

Other organizations have also conducted college savings surveys.

  • Sallie Mae conducts a survey entitled How America Saves for College every 1-2 years.
  • The College Savings Foundation (CSF) conducts annual surveys of high school students and parents about planning and saving for college. One survey found that a third of high school students will change their college plans because of the pandemic. Another survey reported that three quarters of families who save for college started saving when the child was five years old or younger.
  • An Edward Jones survey reports that only a third of Americans are familiar with 529 plans as a college savings tool.
  • A survey from Discover Student Loans found that more than two-thirds of parents are somewhat or very worried about paying for college.

[Editor’s note: This article was originally published on August 26, 2007 and updated on October 23, 2020 by Mark Kantrowitz.]

A good place to start:

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