ERIC Number: ED398851
Record Type: RIE
Publication Date: 1996
College Bound: Americans' Attitudes about Paying for College. A Survey of Families with College-Bound High School Students on the Value of a College Education and Its Costs.
Gallup & Robinson, Inc. Princeton, NJ.
This study examined several aspects of family viewpoints regarding the financing of higher education. Data were collected via a telephone survey of 800 parents of college bound high school students and 300 college bound high school juniors and seniors. The survey examined attitudes in such areas as: the relative importance of financing college among families' other basic financial challenges; the perceived value of a college education from economic and quality of life perspectives; the level of responsibility felt by parents and students for financing a college education; and the expectations about sources of funding to be used for their child's education. Over 80 percent of parents indicated their belief that a college education was very valuable or indispensable to their child's financial well being and child's personal well being. Approximately 81 percent of college-bound high school juniors and seniors thought a college education was very valuable or indispensable. Ninety-two percent of parents indicated that a college education was the most important investment they would make for their child with almost one-third indicating that their children's college education was their first financial priority. Thirty-one percent of parents but only 8 percent of students felt that financing college was primarily a parental responsibility. Parents also expected financial aid to play a large role in defraying college costs. (CK)
Descriptors: Academic Aspiration, College Bound Students, Economic Status, Educational Finance, Financial Support, Grade 11, High School Seniors, High Schools, Higher Education, Parent Attitudes, Parent Responsibility, Paying for College, Quality of Life, Student Attitudes, Student Financial Aid, Student Surveys, Telephone Surveys
Publication Type: Reports - Research
Education Level: N/A
Audience: Administrators; Practitioners
Sponsor: Sallie Mae, Washington, DC.
Authoring Institution: Gallup & Robinson, Inc. Princeton, NJ.