 Equal opportunity for all? Parental economic resources and children's educational attainmentYunju Nam and Jin Huang Children and Youth Services Review, 2009, vol. 31, issue 6, 625-634 Abstract: We investigate the roles of parents' economic resources in children's educational attainment with special attention to assets. Using data from the Panel Study of Income Dynamics, we find that parents' liquid assets have significantly positive associations with years of schooling, high school graduation, and college attendance, but not on college graduation. The results also show a complicated relationship between negative liquid assets and educational attainment: children from negative liquid asset households have a higher chance of finishing high school but a lower chance of graduating college than those from zero liquid asset households. Children from high liquid asset households are more likely to graduate high school and enter college. Findings indicate that we should consider assets when seeking to understand educational mobility. It is also suggested that asset building policies for children's education may expand children's opportunity to get higher level of education. Keywords: Education; Economic; resources; Assets; (wealth); Income; Mobility (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:cysrev:v:31:y:2009:i:6:p:625-634 Access Statistics for this article Children and Youth Services Review is currently edited by Duncan Lindsey More articles in Children and Youth Services Review from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.