Introduction. I want to show how we: 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. Parents have a large influence on the educational attainment, i.e. human capital level, of their children. Parents make investments in the human capital of their children by facing direct and indirect costs. Direct costs are in the form of expenditures for tuition, books, supplies, special fees, and so on. Indirect cost, which can be referred to as the opportunity cost of sending a child to college, is the earnings foregone when children spend time attending school rather than entering the labor market. …show more content…
single-parent families and step-families have a negative influence on the education of children while both parents together has a positive influence
B. The amount of time spent: Compared to children from two-parent families, they tend to get lower grades, suffer more absenteeism, and have more problems relating to peers and teachers. Their drop-out rate is higher, and they're less likely to attend college. They are also more vulnerable to alcohol and drug use because the parent is working maybe two jobs to keep roof, food and clothes. They may have no one monitoring them after school or their after school activities while they are at work. The parent may not have time to encourage their children about education
Single parent who's just scraping by and has little time, energy or skill for parental duties might have children who are at risk for a variety of problems.
C. Financial Resources. Family income level has a positive correlation on the human capital level of children was proven in my