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Title: Assets and Liabilities, Educational Expectations, and Children's College Degree Attainment
Resulting in 1 citation.
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Zhan, Min Sherraden, Michael |
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Assets and Liabilities, Educational Expectations, and Children's College Degree Attainment Children and Youth Services Review 33,6 (June 2011): 846-854. Also: http://www.sciencedirect.com/science/article/pii/S019074091000407X Cohort(s): Children of the NLSY79, NLSY79, NLSY79 Young Adult Publisher: Elsevier Keyword(s): Assets; College Enrollment; College Graduates; Credit/Credit Constraint; Debt/Borrowing; Educational Aspirations/Expectations; Educational Attainment; Educational Costs; Family Resources; High School Completion/Graduates This research examines relationships among household assets and liabilities, educational expectations of children and parents, and children's college degree attainment. Special attention is paid to influences of different asset types (financial vs. nonfinancial assets) and liabilities (secured vs. unsecured debt). Results indicate that, after controlling for family income and other parent/child characteristics, financial and nonfinancial assets are positively related to, and unsecured debt is negatively related to, children's college completion. Furthermore, there is evidence that financial assets are positively associated with the education expectations of parents and children. Policy directions are suggested. |
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Bibliography Citation
Zhan, Min and Michael Sherraden. "Assets and Liabilities, Educational Expectations, and Children's College Degree Attainment." Children and Youth Services Review 33,6 (June 2011): 846-854.
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