Proposals for Child Development Accounts ("CDAs") have been around for more than ten years. They are now widely accepted as part of the mainstream discourse on potential Federal tax policy initiatives. The purpose of this paper is to address the primary design issues and political opportunities...

The potential relevance of households' asset ownership in promoting academic success of children has spurred empirical investigation into the relationship between assets and academic performance. However, current research has mostly ignored the diverse pathways by which asset ownership may be...

This study examines the extent to which household assets and liabilities are related to disparities in children's college attendance and college graduation among White, Black, and Hispanic families. Results indicate that, after household assets are considered, a substantial portion of the...

This study is a test of two theoretical models linking parental economic resources to children's post-secondary education, short-term borrowing constraints, and long-term family background. A series of structural equation models (SEM) is tested using data from a sample of young adults...