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ERIC Number: EJ965773
Record Type: Journal
Publication Date: 2004
Pages: 14
Abstractor: As Provided
Reference Count: 25
ISBN: N/A
ISSN: ISSN-0884-9153
Financial Planning for Postsecondary Education in Canada: A Comparison of Savings and Savings Instruments Employed across Aspiration Groups
Anisef, Paul; Sweet, Robert; Ng, Peggy
Journal of Student Financial Aid, v34 n2 p19-32 2004
Canadians have experienced a reduction in government funding toward postsecondary education over the past ten years, as well as a shift in student-support policies. Historically, paying the costs of postsecondary education in Canada has been a responsibility shared by the state, and students and parents. Changes in government policy have forced families to assume a greater share of their children's postsecondary costs and have required a shift in their educational planning priorities. There is a corresponding need on the part of policy researchers to better understand this reorientation. The purpose of this paper is to document how parents save for higher education in relation to the educational aspirations they hold for their children (i.e., community college, trade school, or university). The analysis compares the effect of selected sociodemographic factors on parents' savings and use of savings instruments across community college, trade school, and university aspiration categories. (Contains 2 tables.)
National Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-mail: membership@nasfaa.org; Web site: http://www.nasfaa.org
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Canada