Publication Date

7-1-2007

Summary

In this study, the following three questions are examined: (1) Is having savings for college associated with higher college expectations? (2) Are college expectations associated with math achievement? and (3) Do college expectations act as a mediator for college aspirations? Findings indicate that youth with college savings are more likely to have higher college expectations and having higher college expectations is associated with math achievement. Further, college expectations act as a mediator for college aspirations. These findings suggest that policies designed to promote youth college savings may have a positive impact on college expectations.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Financial Capability

Original Citation

Elliott, W., III. (2007). Examining minority and poor youth's college aspirations and expectations: The potential role of college savings (CSD Working Paper No. 07-07). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K7KS6R0T

Project

I Can Save

Keywords

asset ownership, college savings, African American, low income, college expectations, academic expectation, youth

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