Asset Building Briefs & Summaries Financial Inclusion

Assets and Liabilities, Race/Ethnicity, and Children’s College Education

Using longitudinal data, this study looks at White, Black, and Hispanic families to examine relationships between household resources (especially assets and liabilities) and children’s later college education—both attendance and graduation.This study extends research conducted by Zhan and Sherraden (2009) with in-depth analysis of college attendance and completion within racial/ethnic groups.

Project: College Success


Zhan, M., & Sherraden, M. (2010, February). Assets and liabilities, race/ethnicity, and children’s college education (CSD Research Brief No. 10-09). St. Louis, MO: Washington University, Center for Social Development.