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Social and Behavioral Sciences Commons™
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Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
Helping People Act On Their Hopes Rather Than Their Fears: Lessons From Non-Enrollees In The Seed Initiative, Trina Williams Shanks, Toni Johnson, Kerri Nicoll
Helping People Act On Their Hopes Rather Than Their Fears: Lessons From Non-Enrollees In The Seed Initiative, Trina Williams Shanks, Toni Johnson, Kerri Nicoll
Center for Social Development Research
Helping People Act on Their Hopes Rather Than Their Fears: Lessons From Non-Enrollees in the SEED Initiative
Equal Opportunity For All?: Parental Economic Resources And Children's Educational Achievement, Yunju Nam, Jin Huang
Equal Opportunity For All?: Parental Economic Resources And Children's Educational Achievement, Yunju Nam, Jin Huang
Center for Social Development Research
We investigate the roles of parents’ economic resources in children’s educational attainment and test the liquidity constraint hypothesis. 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. We find that the relationship between liquid assets and education is non-linear: 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. Results suggest that we should consider assets when seeking to understand educational mobility.