|Document Type:||Master's Thesis|
|Name:||S. Mark Sikes|
|Title:||Exploring Parental Actions to Finance Higher Education|
|Degree:||Master of Arts|
|Department:||Student Personnel Services and Counseling|
|Committee Chair:||Don G. Creamer|
|Committee Members:||Steven M. Janosik|
|D. David Ostroth|
|Valerie M. Conley|
|Keywords:||How do parents finance their children's higher education, The role of parents in financing higher education, How are parents using loans to fund higher educaiton|
|Date of defense:||March 25, 1998|
|Availability:||Release the entire work immediately worldwide.| EXPLORING PARENTAL ACTIONS TO FINANCE HIGHER EDUCATION
S. Mark Sikes
The purpose of this study was to examine parental actions to finance higher education. Data were analyzed from the 1995-96 National Postsecondary Student Aid Study (NPSAS: 96).
Results of this study indicated that gender, race, housing status, and attendance status of students were factors in the amount of loans that was assumed by parents. Further results indicated that parent'9s marital status, total parent contribution, parent income, the cost of attending, and institutional control were also factors in the amount of loans that were assumed by parents.
The age of students and the amount of parent savings did not effect the percentage of parents who assumed loans nor did it effect the amount of loans that were assumed by parents.
Recommendations for future research include a continued focus on how families, as a whole, are financing higher education, repayment practices and default rates of parents who assumed loans to pay for higher education, specific types of loans that parents use to fund higher education, parental debt and what ratio of their debt is due to educational loans.
List of Attached Files
The author grants to Virginia Tech or its agents the right to archive and display their thesis or dissertation in whole or in part in the University Libraries in all forms of media, now or hereafter known. The author retains all proprietary rights, such as patent rights. The author also retains the right to use in future works (such as articles or books) all or part of this thesis or dissertation.