Family wealth reaches further: Grandparents' income links to grandchildren's college access
It has long been understood that parents' income plays a major role in children's access to higher education. But a new study published in Canadian Studies in Population suggests that grandparents' income matters, too. By analyzing multigenerational tax data, researchers at Unive
It has long been understood that parents' income plays a major role in children's access to higher education. But a new study published in Canadian Studies in Population suggests that grandparents' income matters, too. By analyzing multigenerational tax data, researchers at Universitรฉ de Montrรฉal found a direct and significant correlation between grandparents' earnings and the likelihood that their grandchildren will pursue postsecondary education.
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