The Park Place Economist


College is a place of many things: a place to learn, a place to make new friendships, a place to discover what interests you, and so much more. Some have always dreamed of attending a college or university, while for others, higher learning is not their desired goal. What distinguishes these two types of people from each other is influenced by many factors. Some of these include place of residence, family income, family structure, education level of the parents, race, and gender. It is not incorrect to say that the family is one of the greatest influences on a child’s decision to pursue higher education. While most of the research in the past has looked at the magnitude of many factors at once, I specifically plan to analyze how strong the effects of family income, family structure, and the education level of the parents are on a child’s decision to acquire a college education.