The DOI matches its Crossref record; 24 of the 24 references it cites were found in a registry or an index.
Capital for College: Parental Assets and Postsecondary Schooling
Abstract
This article argues that traditional models of educational attainment have neglected a substantial portion of the economic resources available to parents to facilitate their children's success in schooling: wealth. In multigenerational analyses of the Panel Study of Income Dynamics, it demonstrates that parental wealth, as measured by net worth, has a strong, nonlinear effect on the postsecondary schooling of offspring-net of income and other measures of socioeconomic background. Logistic regression models show that parental wealth is a strong predictor of enrollment in college and may affect the completion of college (attaining a bachelor's degree) but is not significant for the transition to graduate school. A comparison of models in which wealth is converted into an income stream and then added to annual income and models in which the effects of parental income and net worth are estimated separately indicates that wealth has properties that are analytically distinct from income
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In the citing paper
“Family wealth is a distinct form of economic advantage that can shape higher education outcomes, above and beyond family income (Conley, 2001; Pfeffer, 2018).”
From Wealth, Race, and Under-Addressed Financial Need in Federal Student Aid Policy (2025) · cites this paper as Conley, 2001
In the citing paper
“family wealth provides a vital, and vastly unequal, form of financial support for college (Conley, 2001; Pfeffer, 2018).”
From Wealth, Race, and Under-Addressed Financial Need in Federal Student Aid Policy (2025) · cites this paper as Conley, 2001
In the citing paper
“existing research indicates that wealth inequalities permeate the entire postsecondary trajectory, from college access to completion (Braga etal., 2017; Conley, 2001; Hotz etal. 2023; Jez, 2014; Pfeffer, 2018).”
From Wealth, Race, and Under-Addressed Financial Need in Federal Student Aid Policy (2025) · cites this paper as Conley, 2001
Citations
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Closing the gap in college enrollment: The potential of children's college accounts
Elliott, W. (2008) · Open Scholarship Institutional Repository (Washington University in St. Louis) · doi:10.7936/k7b857mz
Chowa, G. A. N. (2007) · Open Scholarship Institutional Repository (Washington University in St. Louis) · doi:10.7936/k71g0kr8
Review of The color of law: A forgotten history of how our government segregated America
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Contractual Children Savings Accounts in Low Resource Communities: Who Saves?
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Barriers to Higher Education Among CalWORKs Recipients
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(2018) · Elsevier eBooks · doi:10.1016/b978-0-12-805371-3.16001-7
Inter-cohort wealth development in Finland, 1987–2016Preprint
Karonen, E., & Niemelä, M. (2020) · doi:10.31235/osf.io/ktb4f
Journal of Sociology & Social Welfare Vol. 32, No. 3 (September 2005)
(2005) · The Journal of Sociology & Social Welfare · doi:10.15453/0191-5096.3088
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The Influence of Ascribed Social Status on Wellbeing in Adulthood—Evidence from ChinaPreprint
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Metadata
- Authors
- Conley, D.
- Affiliations
- New York University (US)
- Corresponding author
- Conley, Dalton
- ORCID
- Conley, Dalton
- Venue
- Sociology of Education
- Publisher
- JSTOR
- Published
- 2001-01
- Volume
- 74
- Issue
- 1
- Pages
- 59
- ISSN
- 0038-0407 (ISSN-L)
- OpenAlex
- W2061008715
- Cited by
- 325
- References
- 24
- Citations by year
- 2026: 4 · 2025: 14 · 2024: 7 · 2023: 9 · 2022: 10 · 2021: 8 · 2020: 16 · 2019: 11 · 2018: 21 · 2017: 16 · 2016: 20 · 2015: 17 · 2014: 22 · 2013: 15 · 2012: 21
- FWCI
- 12.37
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Sociology of Education (publishedVersion)
- Topics
- Social Sciences › Sociology and Political Science › Intergenerational and Educational Inequality Studies
- Social Sciences › Education › Higher Education Research Studies
- Social Sciences › Sociology and Political Science › Cultural Capital and Social Class
- Keywords
- parental wealth, net worth, college enrollment, college completion, graduate school, educational attainment, parental income, intergenerational transmission, Panel Study of Income Dynamics
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