This study examines the effects of financial advice on college-saving decisions using data sets from the 2009 and 2012 U.S. National Financial Capability Study. After controlling for self-selection bias through propensity score matching, the findings show that receiving financial advice is...

This study examines the factors associated with the decisions of U.S. households to save for the college education of their children using state-level data from the 2015 U.S. National Financial Capability Study. The results suggest that financially fragile households and those characterized by...