Why Parents Pay for College: The Good Parent, Perceptions of Advantage, and the Intergenerational Transfer of Opportunity.

The article presents a study which examines the reasons on why parents are paying for the college education of their children. The study presents the data of the three cases related to the consciousness of parents on paying for the college education of their children such as one on the benefit of college education and one on their obligations for paying for education of the children. The study shows that the opinions of parents are based on their ability to pay the costs for higher education.