Do Youth from Lower- and Higher-income Families Benefit Equally from Postsecondary Education?

Marc Frenette

Analytical Studies Branch Research Paper Series from Statistics Canada, Analytical Studies Branch

Abstract: It has been well-documented that postsecondary graduates, on average, earn considerably more than others. Consequently, increasing postsecondary enrollment among youth from lower-income families—through targeted student aid or community outreach programs—may constitute an effective mechanism for promoting upward income mobility. However, there currently exists no evidence of the benefits of a postsecondary education (PSE) for youth from lower-income families per se. Using postsecondary administrative records and income tax records, this study bridges this information gap by estimating the association between earnings and PSE by level of parental income among a cohort of Ontario postsecondary graduates and a comparison group of Ontario youth who did not enroll in a postsecondary institution.

Keywords: Wealth; University graduates; Postsecondary education; Net worth; Low-income families; Household income; High-income families; Debt; Assets (search for similar items in EconPapers)
Date: 2019-04-26
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Persistent link: https://EconPapers.repec.org/RePEc:stc:stcp3e:2019012e

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