Study Links Grandparents' Income to Grandchildren's College Access
A new study published in Canadian Studies in Population indicates a direct and significant correlation between grandparents' earnings and their grandchildren's likelihood of pursuing postsecondary education. Researchers at Université de Montréal analyzed multigenerational tax data to uncover this link, expanding on the long-understood role of parents' income in access to higher education. The findings suggest that family wealth, extending through grandparents, plays a crucial role in educational opportunities.
A new study has revealed that grandparents' income significantly influences their grandchildren's access to higher education. This finding builds upon the established understanding that parents' income plays a major role in their children's pursuit of postsecondary education.
Researchers at Université de Montréal conducted the study, analyzing multigenerational tax data. Their work identified a direct and significant correlation between the earnings of grandparents and the probability that their grandchildren would access postsecondary education.
The study, published in Canadian Studies in Population, suggests that the financial resources of extended family, specifically grandparents, contribute to educational opportunities for subsequent generations.
According to Phys.org, these findings underscore the far-reaching impact of family wealth across generations.
