Dateline City:
NEWARK, Del.
Families Spent $26,226 on College Last Year; Family Income and Savings Covered Largest Share of Costs
NEWARK, Del.--(BUSINESS WIRE)--Eighty percent of families are confident in how they paid for college and nearly half have a plan to pay for all years of college, according to “How America Pays for College 2019,” the national study from Sallie Mae® and Ipsos, an independent global market research company. On average, families spent $26,226 on college in academic year 2018-19, with a sizeable portion of costs covered out-of-pocket through income and savings.
Language:
English
Contact:
Sallie Mae
Rick Castellano
302.451.2541
rick.castellano@salliemae.com
Ipsos
Jennifer Berg
312.526.4224
jennifer.berg@ipsos.com
Ticker Slug:
Ticker:
SLM
Exchange:
NASDAQ