The Tuition Payments Study, a PYMNTS and Flywire collaboration, examines the challenges students and supporters face when making higher education tuition payments. It is based on input from 1,983 consumers who identified as either only students, only supporters or as students who supported other students.
Key Findings in the Study Include
• 50.5%: Share of supporters who rely on employment income to pay for tuition
• 31.7%: Portion of students who work part-time and say it is “somewhat” or “very” hard to pay for tuition
• 54.2%: Share of students who are currently late on payments and find it “somewhat” or “very” easy to pay for tuition
• 45.9%: Portion of students who are “very” or “extremely” interested in tuition payment solutions, compared to 34.3 percent of supporters