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Author: |
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Title: |
Changing roles of parental economic resources in children's educational attainment. |
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Reference: |
Social Work Research, 35(4), December 2011, pp.203-213. |
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ISSN paper: |
1070-5309 |
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ISSN online: |
1545-6838 |
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Abstract: |
This study examined whether the relationship between parents' economic resources and children's educational performance had changed over time by comparing two cohorts from the Panel Study of Income Dynamics in the United States. The study examined multiple measures of economic resources, including income, net worth, liquid assets, and home ownership. Findings revealed that the associations between parents' liquid assets and college attendance became significantly stronger among the latter cohort, suggesting the increasing importance of liquid assets. Notably, there was a change in the role of debt in high school graduation where, in the first cohort, there was no difference in likelihood of graduation between students from families with negative liquid assets and those from families with zero liquid assets, but in the second cohort, the former were more likely to graduate than the latter. The authors highlight the importance of using diverse measures of economic resources when studying associations between parents' resources and children's educational performance. |
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Format: |
article; |
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Topics: |
debt; educational performance; income; parents; school children; |
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Record ID: |
www.scie-socialcareonline.org.uk/profile.asp?guid=890fe0fc-4774-4558-9e37-c1766aac958d |
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