parent survey – may 2012 senior survey - 2012 confidential - not for distribution
TRANSCRIPT
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Confidential - Not for distribution
Parent Survey – May 2012
Senior Survey - 2012
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Confidential - Not for distribution
Parent Survey• May 8 through June 28, 2012• All parents of current students invited, requested
one survey for each student• If more than one student enrolled requested that
parents complete survey for older child• Response Rate: 45.3% (2551/5632)• Respondent sample representative of students of
invited parents• 40% of respondents reported that their children
received grant aid from Brown
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Confidential - Not for distribution
Senior Survey• March 15 through April 12, 2012• Biennual survey of graduating seniors (even
years)• 2012 Response Rate: 69% (1029/1483)• 51.3% of respondents reported that they had
received “any“ financial aid while an undergraduate at Brown.
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Confidential - Not for distribution
LT $50K $50-99.99K $100-149.99K $150 to 199.99K GE $200K1
1.5
2
2.5
3
3.5
4
4.5
5
It has been very difficult for us to pay for my child's college education
5 point scale (1=disagree strongly, 2=disagree somewhat, 3=neither agree nor disagree, 4=agree somewhat, 5=agree
strongly)
Peer 1 Peer 2 Peer 3 Peer 4 Brown
Parental self reported income from all sources, 2011
Mean p
are
nta
l agre
em
ent
rati
ng
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LT $50K $50-99.99K $100-149.99K $150 to 199.99K GE $200K1
1.5
2
2.5
3
3.5
4
4.5
5
I am worried that my child will graduate with too much debt
Mean parental rating of agreement, Brown and peers5 point scale (1=disagree strongly, 2=disagree somewhat, 3=neither agree nor disagree, 4=agree somewhat, 5=agree
strongly)
Peer 1 Peer 2 Peer 3 Peer 4 Brown
Parental self-reported family income from all sources 2011
Mean p
are
nta
l agre
em
ent
rati
ng
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LT $50K
$50 to 99K
$100 to 149K
$150 to 199K
GE $200K
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
6.2%
17.5%
13.6%
7.6%
2.1%
14.3%
17.5%
18.2%
18.5%
4.0%
34.2%
35.0%
30.7%
26.9%
16.2%
45.3%
30.0%
37.5%
47.1%
77.7%
I will be seriously burdened by loan payments when I graduate 2012 Senior Survey
Strongly Agree Agree Disagree Strongly Disagree
Self
report
ed t
ota
l befo
re
tax f
am
ily
incom
e
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Confidential - Not for distribution
Will your parents or family help you pay off the loans you have personally taken to pay for undergraduate education (tuition, fees, room and board)?
2012 Senior Survey
LT $50K $50 to 99K $100 to 149K $150 to 199K GE $200K0
10
20
30
40
50
60
70
80
YesNoN/A
Self-reported total family before tax income
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Confidential - Not for distribution
LT $50K
$50-99.99K
$100-149.99K
$150 to 199.99K
GE $200K
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
29.8
15.3
7.1
12.3
37.8
30.9
32.9
29.3
33.6
37.2
32.6
40.5
48.2
41.4
21.6
6.6
11.3
15.4
12.7
3.3
What has been the impact on your family of paying for your child to attend Brown?
Parental response by self-reported 2011 family income, Parent Survey
None/slight/NAmoderate considerablesevere
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Confidential - Not for distribution
LT $50K
$50 to 99K
$100 to 149K
$150 to 199K
GE $200K
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
27.6%
6.6%
8.6%
9.3%
38.0%
34.1%
28.3%
28.7%
34.7%
34.7%
26.8%
51.3%
51.1%
39.8%
20.9%
11.4%
13.8%
11.5%
16.1%
6.4%
What has been the impact on your family of paying for your education (tuition, fees, room and board), 2012
Senior Survey
None/SlightModerateConsiderableSevere
Self
-report
ed t
ota
l fa
mil
y b
efo
re t
ax i
ncom
e
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Confidential - Not for distribution
LT $50K
$50-99.99K
$100-149.99K
$150 to 199.99K
GE $200K
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
2.2
2
3.7
3.4
2
3.4
6.9
5.9
7.9
5.2
24.2
18.2
25
25.2
21.3
24.7
32.7
39
33.5
31.1
45.5
40.2
26.5
30.1
40.4
The benefits of attending Brown will outweigh the financial sacri-fices that our family has had to make
Parental response by self-reported 2011 family income
Disagree stronglyDisagree somewhatNeither agree nor diagreeAgree somewhatAgree strongly
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Confidential - Not for distribution
LT $50K
$50-99.99K
$100-149.99K
$150 to 199.99K
GE $200K
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
81.2
77.8
68.5
67.2
82.4
14.4
19.6
27.4
28.4
15.7
4.4
2.6
4.2
4.5
1.9
Has your child's experience at Brown been worth the impact on your family's finances?
Parental response by self-reported 2011 family income
YesSomewhatNo
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Confidential - Not for distribution
How do you pay for educational expenses? Family Assets
Savings Real Assets 529 Plan Pre-paid tuition Retirement Withdrawal
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
63.8
3.6
19.1
5.6
14.1
73.4
4.9
30.0
7.76.3
Used-Aided
Used-not aided
% u
sing f
or
som
e p
art
of
expense
s
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Confidential - Not for distribution
How do you pay for educational expenses? Parent borrowing
Mortgage PLUS loans Private Loans Loan from relative Retirement borrowing
Other borrowing0.0
5.0
10.0
15.0
20.0
25.0
30.0
13.8
25.2
6.4
15.1
6.9
10.610.1
6.4
2.43.4 3.0
4.6
Used-Aided
Used-not aided
% r
eport
ing u
sing
to p
ay f
or
coll
ege e
xpense
s th
is y
ear
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Confidential - Not for distribution
How do you pay for educational expenses? Current parent income, and gifts from
relatives
Regular Income Second job Employee benefits Gifts from relatives0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
80.0
90.0
81.2
19.7
10.1
23.2
78.7
8.65.3
22.9
Used-Aided
Used-not aided
% r
eport
ing u
sin
g
to p
ay
for
coll
ege e
xpen
ses
this
year
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Confidential - Not for distribution
How do you pay for educational expenses? Student
contributions
0.0
10.0
20.0
30.0
40.0
50.0
60.0
46.4
55.6
41.3
9.5
1.8
18.5
34.5
9.8 10.0
0.5
Used-Aided
Used-not aided
% r
eport
ing u
sin
g
to p
ay f
or
coll
ege e
xpen
ses t
his
year