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Cited by 249

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The Meaning of Money: Perceptual Differences Between College Counselors and Low-Income Families About College Costs and Financial Aid

McDonough, Patricia M., Calderone, Shannon·2006·American Behavioral Scientist

Abstract

A sociocultural understanding of affordability is essential to understanding the college cost deliberations of low-income African American and Latino students and their families. Habitus shapes and informs college affordability decisions for students and their families. Using interviews with 63 college counselors in urban secondary schools, low-income underrepresented students’ assessments of affordability were framed by a highly individualized assessment of need, an internalized calculation of costs versus benefits, and an acute awareness of the competing demands resulting from financial scarcity. The perceptual differences concerning college affordability are an unintended consequence of differential tastes between middle-income counselors and low-income families.

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Metadata

Authors
McDonough, P. M., & Calderone, S.
Venue
American Behavioral Scientist
Published
2006-08
Volume
49
Issue
12
Pages
1703-1718
ISSN
  • 0002-7642 (ISSN-L)
  • 1552-3381
OpenAlex
W1979383184
Cited by
249
References
1
FWCI
39.30
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The Meaning of Money: Perceptual Differences Between College Counselors and Low-Income Families About College Costs and Financial Aid. https://app.cochat.ai/papers/10.1177/0002764206289140
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McDonough, P. M., & Calderone, S. (2006). The Meaning of Money: Perceptual Differences Between College Counselors and Low-Income Families About College Costs and Financial Aid. American Behavioral Scientist. https://doi.org/10.1177/0002764206289140

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

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