Postsecondary Schooling and Parental Resources: Evidence from the PSID and HRS

Autor/inn/en	Haider, Steven J.; McGarry, Kathleen
Titel	Postsecondary Schooling and Parental Resources: Evidence from the PSID and HRS
Quelle	In: Education Finance and Policy, 13 (2018) 1, S.72-96 (25 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1557-3060
Schlagwörter	Young Adults; Postsecondary Education; Family Financial Resources; Family Income; High Schools; Academic Achievement; Correlation + Suchen Sie Ihr Suchwort? Young adult; Junger Erwachsener; Post-secondary education; Tertiäre Bildung; Familieneinkommen; High school; Oberschule; Schulleistung; Korrelation
Abstract	We examine the association between young adult postsecondary schooling and parental financial resources using two datasets that contain high-quality data on parental resources: the Panel Study of Income Dynamics (PSID) and the Health and Retirement Study (HRS). We find the association to be pervasive--it exists for income and wealth, it extends far up the income and wealth distributions, it remains even after we control for a host of other characteristics, and it continues beyond simply beginning postsecondary schooling to completing a four-year degree. Using the Transition to Adulthood supplement to the PSID, we also find that financial resources strongly affect postsecondary schooling for all levels of high school achievement, and particularly for those at the highest level. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01