Name: 8B3 Parent Intentions to Help with Children's College Expenses
Start: 2016-10-21T09:30:00-0700
End: 2016-10-21T10:45:00-0700

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8B3 Parent Intentions to Help with Children's College Expenses

Only 29% of households with a child under 18 reported that saving for college costs was a goal. In order to provide more insights into why this proportion is so low, this research uses a variable in the SCF, whether there are expected expenses for education in the next five to 10 years, among households with at least one child age 13 to 17. In this group, 67% reported expecting to have an expense related to education, and this was strongly related to education of the parents and other characteristics.

Presenters

Sherman Hanna

Professor, The Ohio State University

Professor, and Chair, Consumer Sciences Program Ohio State University. He has published in Applied Economics Letters, Financial Services Review, Journal of Consumer Research, Journal of Consumer Affairs, Family and Consumer Sciences Research Journal, International Journal of Consumer... Read More →