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Research and Statistics

Infographic: New grads wish they’d saved more for college

CreditCards.com Editorial Team

by CreditCards.com Editorial Team

May 31, 2013

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Summary

The high cost of college has given the class of 2013 some financial perspective, a survey has found

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In addition to what they learned in classes, this year’s crop of college graduates gained some financial wisdom, too. A May 2013 survey commissioned by Fidelity Investments found that new grads would have made different financial decisions, knowing what they know now about the cost of college.

The online survey, conducted between April 3 and April 15, polled 750 college graduates who finished school in 2011, 2012 and 2013. When it came to this year’s grads, 39 percent said they didn’t regret going to college, but admitted they would have made different choices if they’d known how much debt they would accumulate. A fourth of 2011 grads said the same.

The chart below shows other things the class of 2013 wishes it had done differently, from going after more scholarships, to saving more — and earlier.

Recent grads  
See related:8 smart financial moves for college seniors, recent graduates, More infographics

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