Using NELS data I examine parents' perceptions of paying for college before their students enter high school. Findings suggest that racial wealth disparities may help explain differences in parents' perceptions of paying. In addition, Hispanics and low-income families are less likely to have information about financial aid and more likely to…

The persistently low college attainment rates of youth from poor families are partly attributable to their uncertainty about college affordability. The current federal financial aid system does not provide specific information about college costs until just before college enrollment and the information is only available to students completing a…