Authors
Michal Grinstein-Weiss, Trina R Williams Shanks, Sondra G Beverly
Publication date
2014/4/1
Source
The Future of Children
Pages
147-170
Publisher
A COLLABORATION OF THE WOODROW WILSON SCHOOL OF PUBLIC AND INTERNATIONAL AFFAIRS AT PRINCETON UNIVERSITY AND THE BROOKINGS INSTITUTION
Description
For poor families, the possession of assets—savings accounts, homes, and the like—has the potential not only to relieve some of the stress of living in poverty but also to make a better future seem like a real possibility. If children in families that own certain assets fare better than children in families without them, then helping poor families build those assets would be an effective strategy for two-generation programs. Indeed, write Michal Grinstein-Weiss, Trina Williams Shanks, and Sondra Beverly, plenty of evidence shows that assets are connected to positive outcomes for poor children. For example, young people who have any college savings at all, even a very small amount, are more likely to go to college; children in households with assets score higher on standardized achievement tests; and children of homeowners experience fewer behavioral problems. But this evidence comes from longitudinal data sets and …
Total citations
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Scholar articles
M Grinstein-Weiss, TRW Shanks, SG Beverly - The Future of Children, 2014