Publication year: 2011
Source: Children and Youth Services Review, In Press, Accepted Manuscript, Available online 3 April 2011
David, Okech , Todd D., Little , Trina, Williams-Shanks
This study examined economic pressure, parenting stress, and personal mastery factors among N=235 lower income parents who had the opportunity to save for their children’s future higher education in a children’s development account program. Bivariate analyses and structural equation modeling (SEM) were used to test the differences between early savers and non-savers. There were some sociodemographic differences between the groups; however, the overall SEM was invariant between the groups. Data suggest that specific case management services may be critical to help lower-income parents save for their children. Further research needs to identify institutional aspects and household characteristics that explain saving…