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Title: Do Parental Assets Matter for Children's Educational Attainment?: Evidence from Mediation Tests
Resulting in 1 citation.
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Kim, Youngmi Sherraden, Michael |
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Do Parental Assets Matter for Children's Educational Attainment?: Evidence from Mediation Tests Children and Youth Services Review 33,6 (June 2011): 969-979. Also: http://www.sciencedirect.com/science/article/pii/S0190740911000144 Cohort(s): Children of the NLSY79, NLSY79 Young Adult Publisher: Elsevier Keyword(s): Assets; College Enrollment; Educational Aspirations/Expectations; Educational Attainment; Educational Outcomes; Family Income; Family Resources; High School Completion/Graduates; Peabody Individual Achievement Test (PIAT- Math); Peabody Individual Achievement Test (PIAT- Reading); Rosenberg Self-Esteem Scale (RSES) (see Self-Esteem); School Quality; Self-Esteem This study investigates (1) the effects of parental assets on children's educational attainment from high school completion to college degree attainment, and (2) mediating roles played by parental involvement, child's educational expectations, and child's self-esteem. The study sample (N = 632) is drawn from the Child and Young Adult data supplement to the National Longitudinal Study of Youth 1979. Results indicate that parental assets are associated with children's later educational attainment. Financial assets and home-ownership are significantly associated with high school completion and college attendance. In addition, family income becomes non-significant when specific measures of assets and liabilities are taken into account. Non-financial assets and income are significant predictors of college degree attainment. Children's educational expectations mediate the effect of financial assets on high school completion. Empirical evidence provides support for asset-building programs and policies designed to promote long-term educational attainment. |
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Bibliography Citation
Kim, Youngmi and Michael Sherraden. "Do Parental Assets Matter for Children's Educational Attainment?: Evidence from Mediation Tests." Children and Youth Services Review 33,6 (June 2011): 969-979.
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