invest in their children’s education. In this paper, I describe a study undertaken to gauge the impact of microcredit … availability on education expenditures for children of clients of a South Indian microfinance institution. I first look at some … determinants of the demand for education and then go on to consider what we know about how microcredit affects this demand. I find …

children in Black families did not explain such racial disparities. Conclusions: The economic gain of parental education on … encompasses residential segregation, low quality of education, low paying jobs, discrimination in the labor market, and extra … costs of upward social mobility for minorities, Black families face more challenges for leveraging their education to escape …