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Toward a Children’s Savings and College-Bound Identity Intervention for Raising College Attendance Rates: A Multilevel Propensity Score Analysis
Elliott, William Chowa, Gina Loke, Vernon
Elliott, William
Chowa, Gina
Loke, Vernon
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Abstract
It has been suggested that children’s savings programs will be more effective if they are combined with strategies to build children’s college-bound identities. In this study we use a multi-level treatment approach to propensity score analysis to test this proposition. Findings suggest that children who have savings and are certain they will graduate from a four-year college are more likely to attend college than their counterparts. Given this, we suggest that children’s savings policies designed to increase college attendance rates will be more effective if they include strategies for building children’s college-bound identity and college-bound identity programs will be more effective if they are linked to children’s savings programs.
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Date
2011-10-01
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Scientific Research Publishing
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Keywords
Wealth, Assets, College Attendance, Identity-Based Motivation, Savings, Child Development Accounts (CDAs), College Expectations, PSID
Citation
Elliott, William; Chowa, Gina; Loke, Vernon. (2011). "Toward a Children’s Savings and College-Bound Identity Intervention for Raising College Attendance Rates: A Multilevel Propensity Score Analysis." Sociology Mind, 1(4):192-205. http://www.dx.doi.org/10.4236/sm.2011.14025.