95% of High School Students Plan Post-Graduation Education, Sallie Mae-Ipsos Study Finds
Event summary
- 95% of high school students plan to continue education after graduation, per Sallie Mae-Ipsos study.
- 82% of families believe higher education is worth the cost, up from 2020.
- 64% of families have a plan to pay for higher education, up from 54% in 2020.
- Average savings for higher education increased to $42,307 from $26,266 in 2020.
- 40% of families feel they are on their own when planning and paying for college.
The big picture
The study highlights a persistent belief in the value of higher education despite financial concerns. Sallie Mae's findings come amid broader industry trends of rising college costs and increasing scrutiny over student loan debt. The data suggests a growing need for clearer financial guidance and outcomes-based conversations to ensure families make informed decisions.
What we're watching
- Financial Planning
- How families' increased savings and earlier planning will impact student debt levels.
- Educational Outcomes
- Whether families' lack of clarity on long-term outcomes will affect their investment decisions.
- Regulatory Dynamics
- The pace at which policymakers address concerns about student loan debt limits.
Related topics