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Full-Text Articles in Social Work
Estimating The Life Course Dynamics Of Asset Poverty, Mark R. Rank, Thomas A. Hirschl
Estimating The Life Course Dynamics Of Asset Poverty, Mark R. Rank, Thomas A. Hirschl
Center for Social Development Research
Poverty can be conceptualized and measured in several different ways. The most common approach has been to rely on a scarcity of income as the basis for poverty. This paper analyzes poverty using a relatively new and alternative measuring stick—that of asset poverty. Using data from the Panel Study of Income Dynamics, we examine the extent to which individuals have enough assets to allow them to live for three months above the official poverty line. Households that fail to have the necessary amount of assets are considered asset poor. Three different measures of counting assets are used in this paper—net …
Staying On Course: The Effects Of Savings And Assets On The College Progress Of Young Adults, Sondra G. Beverly, William Elliott Iii
Staying On Course: The Effects Of Savings And Assets On The College Progress Of Young Adults, Sondra G. Beverly, William Elliott Iii
Center for Social Development Research
Staying on Course: The Effects of Savings and Assets on the College Progress of Young Adults
Staying On Course: The Effects Of Savings And Assets On The College Progress Of Young Adults, William Elliott Iii, Sondra G. Beverly
Staying On Course: The Effects Of Savings And Assets On The College Progress Of Young Adults, William Elliott Iii, Sondra G. Beverly
Center for Social Development Research
Increasingly, college graduation is seen as a necessary step toward achieving the American Dream. However, large disparities exist in graduation rates. This study examines the college progress of young adults. Findings suggest that 57% of young adults between the ages of 17 and 23 are “on course,” that is, are currently attending or have graduated from college. Those with family assets and savings of their own are more likely to be on course. In multivariate analysis, both net worth and youth school savings are strong predictors of college progress. Youth school savings and parental savings for youth are strong predictors …
The Role Of Savings And Wealth In Reducing "Wilt" Between Expectations And College Attendance, William Elliott Iii, Sondra G. Beverly
The Role Of Savings And Wealth In Reducing "Wilt" Between Expectations And College Attendance, William Elliott Iii, Sondra G. Beverly
Center for Social Development Research
“Wilt” occurs when a young person who expects to attend college while in high school does not attend college shortly after graduating. In this study we find that youth with no account in their own name are more likely to experience wilt than any other group examined. In multivariate analysis, youth who expect to graduate from a four-year college and have an account are approximately seven times more likely to attend college than youth who have no account. Youth who expect to graduate from a four-year college and have designated a portion of their savings for college are approximately four …