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Do Expensive Homes Make for Wealthy Kids?

A new study shows the link between home value and educational attainment

December 16, 2011 RSS Feed Print

According to Currier, the study has implications for what policymakers can do to promote postsecondary education. To help students have access to college, federal spending doesn't have to be limited to educational initiatives, like Pell grants.

"The logical policy implications ... to me are creating opportunities for people at the bottom and middle of the income ladder to not have such a financial barrier to college. And that can be a whole range of things," she says, like helping families maintain assets like their homes and create wealth.

Tags:
wealth,
housing,
money

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Badly chosen headline; clearly the educational attainment boost doesn't derive from the parents choosing a more expensive home but from a boost in the family home equity and its effects of a student's financial means to get the education.

Andrew of PA 9:30PM December 16, 2011

I think this just provides more evidence that the "American Dream" is, and always will be, a con job.

John of NY 11:55AM December 16, 2011

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