Taking stock of ten years of research on the relationship between assets and children's educational outcomes: Implications for theory, policy and intervention

William Elliott*, Mesmin Destin, Terri Friedline

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

82 Scopus citations

Abstract

This paper has two main goals. First, we provide a review of 34 studies on the relationship between assets and children's educational attainment. Second, we discuss implications for Child Development Accounts (CDAs) policies. CDAs have been proposed as a potentially novel and promising asset approach for helping to finance college. More specifically, we propose that CDAs should be designed so that, in addition to promoting savings, they include aspects that help make children's college-bound identity salient, congruent with children's group identity, and that help children develop strategies for overcoming difficulties.

Original languageEnglish (US)
Pages (from-to)2312-2328
Number of pages17
JournalChildren and Youth Services Review
Volume33
Issue number11
DOIs
StatePublished - Nov 2011

Keywords

  • Assets
  • Child Development Accounts (CDAs)
  • College attendance
  • College graduation
  • Identity-based motivation
  • Wealth

ASJC Scopus subject areas

  • Education
  • Developmental and Educational Psychology
  • Sociology and Political Science

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