Capital for College: Parental Assets and Educational Attainment

Conley, D.
Sociology of Education. 2001, Vol. 74, pp. 59-73.

Examines the impact of parental wealth on their children's educational attainment using data from the 1984 Panel Study of Income Dynamics investigating the educational outcomes of the children in 1995. Demonstrates that parental wealth, as measured by net worth, has a strong nonlinear effect on the postsecondary schooling of offspring.