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Title: The Impact of Parents' Savings on Their Childrens' Future Education
Resulting in 1 citation.
1. Nam, Jaehyun
Ansong, David
The Impact of Parents' Savings on Their Childrens' Future Education
Presented: New Orleans LA, Society for Social Work and Research Annual Conference, January 2015
Cohort(s): NLSY97
Publisher: Society for Social Work and Research (SSWR)
Keyword(s): Educational Attainment; Net Worth; Parental Influences; Parental Investments; Savings

Permission to reprint the abstract has not been received from the publisher.

Results from the regression adjusted propensity matched estimates show that parents' savings for their children's education are statistically significant for a two year post-secondary associate graduation (TE=.21, p<.001) and a four year college graduation (TE=.22, p<.001). The results indicate that, compared to what would happen if parents had no savings for their children's future education, children whose parents saved are 21% and 22% more likely to have associate and college degrees, respectively.
Bibliography Citation
Nam, Jaehyun and David Ansong. "The Impact of Parents' Savings on Their Childrens' Future Education." Presented: New Orleans LA, Society for Social Work and Research Annual Conference, January 2015.