Determining the Impact of a Parent Education on Their Children's Income

Disciplines

Medicine and Health Sciences

Abstract (300 words maximum)

Every person is subject to the human experience. However, it is largely accepted that the socio-economic status, defined as an individual’s constituents, income, education, and occupation, affects how their experience is shaped (Mansted et al.) This socio-economic status creates a rippling effect because the individuals’ children will be born into the same socio-economic status as their parents which can have profoundly positive or negative effects (Escarce et al.) This is a concept known as economic inequality, that is composed of both that same psychological aspect and an economic one (Kraus et al.) This leads to a lower quality of health care, and education among adolescents in specifically low-income families. (Escarce et al.) This report aims to quantify that effect by breaking down some of the variables that compose socio-economic status and observing the economic affect it has from one generation to the next. More specifically breaking down some of the most influential parts of socio-economic status which are education and income (Mansted et al). The data being reported on is from the General Social Survey (GSS) from the year 2018. The GSS is compiled annually with the goal of analyzing social and economic trends. The variables being used for this report is father, and mothers’ highest degree earned, individuals’ income, and age. Individual income consists of all pre-taxed earnings and deductions for 2017 including dividends, rent, social security, alimony, child support, or other public aid. Father and mothers’ degree are 2 separate variables with the same values of: less than high school, high school, associate, bachelors, and graduate. We will expect to find a relationship between a parents that have more education after high school will result in their children having higher income.

Academic department under which the project should be listed

PHE

Primary Investigator (PI) Name

Dr. Kevin Gittner

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Determining the Impact of a Parent Education on Their Children's Income

Every person is subject to the human experience. However, it is largely accepted that the socio-economic status, defined as an individual’s constituents, income, education, and occupation, affects how their experience is shaped (Mansted et al.) This socio-economic status creates a rippling effect because the individuals’ children will be born into the same socio-economic status as their parents which can have profoundly positive or negative effects (Escarce et al.) This is a concept known as economic inequality, that is composed of both that same psychological aspect and an economic one (Kraus et al.) This leads to a lower quality of health care, and education among adolescents in specifically low-income families. (Escarce et al.) This report aims to quantify that effect by breaking down some of the variables that compose socio-economic status and observing the economic affect it has from one generation to the next. More specifically breaking down some of the most influential parts of socio-economic status which are education and income (Mansted et al). The data being reported on is from the General Social Survey (GSS) from the year 2018. The GSS is compiled annually with the goal of analyzing social and economic trends. The variables being used for this report is father, and mothers’ highest degree earned, individuals’ income, and age. Individual income consists of all pre-taxed earnings and deductions for 2017 including dividends, rent, social security, alimony, child support, or other public aid. Father and mothers’ degree are 2 separate variables with the same values of: less than high school, high school, associate, bachelors, and graduate. We will expect to find a relationship between a parents that have more education after high school will result in their children having higher income.