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Ties that Bind? Family Income Dynamics and Children's Post-Secondary Enrollment and Persistence

Friday, January 31, 2020, 12:00pm - 01:30pm
Location:  Social Science 8417
Bradley Hardy, an associate professor at American University, will discuss his research on Ties that Bind? Family Income Dynamics and Children's Post-Secondary Enrollment and Persistence on Friday, January 31 at noon.
 
Using the Transition to Adulthood supplement of the Panel Study of Income Dynamics, Hardy and Dave Marcotte examine the relationship between family income dynamics - poverty, low permanent income, and income volatility - and high school graduation, college enrollment, and dropout among young adults.
 
The intent of their work is to shed light on potential mechanisms driving the transmission of intergenerational advantage to help understand whether and how such income dynamics have played a role in the persistent gap in college achievement.
 
Hardy and Marcotte find evidence that poverty and income volatility exposure during adolescence negatively affect high school graduation, college matriculation, and persistence (two-year dropout). It also appears that the timing of poverty spells during adolescence is vital. Poverty occurring close to the end of high school drives relatively large deleterious effects on educational attainment.
 
In addition to his position in American University's Department of Public Administration and Policy, Hardy is a nonresident senior fellow in economic studies at the Brookings Institution. He also serves as a visiting scholar with the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis and as a research affiliate of the University of Kentucky Center for Poverty Research.
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