Marching across Generations? Education Benefits and Intrahousehold Decision-Making
Benjamin L. Castleman,
Francis X. Murphy and
Journal of Human Capital, 2019, vol. 13, issue 3, 410 - 433
We investigate how families resolve an important intrafamily household allocation problem—investing in their children’s postsecondary education—in the context of the Post-9/11 GI Bill. This legislation allowed service members to transfer education benefits to a family member in exchange for additional military service. Descriptive analysis reveals clear socioeconomic differences in patterns of transfer: utilization rates are highest among senior service members, who are better educated and earn higher wages, and are lowest among less educated, lower-wage junior soldiers. This pattern of use suggests that the transfer provision may have limited impact on intergenerational mobility for service members of low socioeconomic status.
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Access to the online full text or PDF requires a subscription.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ucp:jhucap:doi:10.1086/704321
Access Statistics for this article
More articles in Journal of Human Capital from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().