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Author: Lanesskog, Deirdre
Resulting in 1 citation.
1. Zhan, Min
Lanesskog, Deirdre
The Impact of Family Assets and Debt on College Graduation
Children and Youth Services Review 43 (August 2014): 67-74.
Also: http://www.sciencedirect.com/science/article/pii/S0190740914001613
Cohort(s): NLSY79, NLSY79 Young Adult
Publisher: Elsevier
Keyword(s): Assets; College Enrollment; College Graduates; Credit/Credit Constraint; Debt/Borrowing; Educational Attainment; Educational Costs; Ethnic Differences; Family Resources; Racial Differences

This study examines the influence of family financial assets and debt, both measured during the time of youth’s college enrollment, on the chances of college graduation. Data come from the National Longitudinal Survey of Youth. Results from analyses controlling for a number of student, parental, and institutional characteristics indicate that family assets are positively related to the chances of college graduation among White and Black students; family debt is negatively associated with the odds of college graduation among Black students, but neither family assets nor family debt is related to the chances of college graduation among Hispanic students. Overall, results indicate that family assets and debt explain a small portion of racial/ethnic gaps in college graduation. Policy implications are considered.
Bibliography Citation
Zhan, Min and Deirdre Lanesskog. "The Impact of Family Assets and Debt on College Graduation." Children and Youth Services Review 43 (August 2014): 67-74.