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Author(s):Hemingway, F., and McMullen, K
Title:A family affair: The impact of paying for college or university
Organization:Canada Millennium Scholarship Foundation
Short Description:Evidence suggests that many families may be unprepared for the costs they will face in helping their children pursue a postsecondary education (PSE). A big gap in knowledge concerns the strategies families are using to manage the costs of PSE.
Annotation:Evidence suggests that many families may be unprepared for the costs they will face in helping their children pursue a postsecondary education (PSE). A big gap in knowledge concerns the strategies families are using to manage the costs of PSE. The issue of the impact of PSE costs on families is a broad one. It concerns students and their choices, parents and their strategies, and the interactions between the two. How are young people being affected? Are they choosing programs based on affordability rather than preference? Are they attending college rather than university, living at home rather than moving out, or postponing PSE? What are the trends in, and levels of, total family debt related to PSE? How do rising family costs affect patterns of post-secondary participation?
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Associated Keywords:
Financial Aid, Affordability, Tuition, and Costs
International Perspectives
Parent/Family Involvement and Community Engagement
Saving for College

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