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Table 1. Amount of college saving by parents who expect their high schooler to go to college, by amount set aside for their high schooler's college education: 1994, 2002, 2009

Characteristic Parents of 12th graders in 1994   Parents of 10th graders in 2002   Parents of 9th graders in 2009
Amount set aside for college1          
Zero 40.6 52.2 39.0
$1 - $10,000 44.1 27.1 33.3
> $10,000 15.3 20.8 27.8
 
! Interpret data with caution. Estimate is unstable because the standard error represents more than 30 percent of the estimate.
‡ Reporting standards are not met; the standard error represents more than 50 percent of the estimate.
1 Amount of money parents reported setting aside for college as of the time of survey administration
Note: Totals may not sum to 100 due to rounding.
SOURCE: U.S. Department of Education, Institute of Education Sciences, National Center for Education Statistics. National Education Longitudinal Study of 1988 (NELS:88) Second Follow-up Restricted-use File, Education Longitudinal Study of 2002 (ELS:2002) Second Follow-up Restricted-use File, and High School Longitudinal Study of 2009 (HSLS:09) Base Year Restricted-use File
 


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