The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation Analysis
In March 2021, the American Rescue Plan substantially increased the maximum per-child child tax credit (CTC). However, research has yet to explore educational investments associated with the CTC. Thus, the authors leverage a probability-based panel survey of CTC-eligible families across 49 states to...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2023-07-01
|
| Series: | Socius |
| Online Access: | https://doi.org/10.1177/23780231231181899 |
| _version_ | 1797787160956370944 |
|---|---|
| author | Jason Jabbari Cameron Anglum Stephen Roll Leah Hamilton |
| author_facet | Jason Jabbari Cameron Anglum Stephen Roll Leah Hamilton |
| author_sort | Jason Jabbari |
| collection | DOAJ |
| description | In March 2021, the American Rescue Plan substantially increased the maximum per-child child tax credit (CTC). However, research has yet to explore educational investments associated with the CTC. Thus, the authors leverage a probability-based panel survey of CTC-eligible families across 49 states to examine how parents’ investments in tutoring and college savings relate to the degree to which parents believe that their children will have better lives than they did. Through mediation models, the authors find that even though families that used the CTC for tutoring and college savings perceived an impact, intentions were related only to increased optimism through actions for college savings. Moreover, through their moderation models, the authors find that the direct effects of using the CTC for college savings on increased optimism were significant only for lower income families and that converting savings plans into actions was substantially more common among families with previous savings experiences. |
| first_indexed | 2024-03-13T01:18:59Z |
| format | Article |
| id | doaj.art-f6130ce797024f7a8080f0527cd81308 |
| institution | Directory Open Access Journal |
| issn | 2378-0231 |
| language | English |
| last_indexed | 2024-03-13T01:18:59Z |
| publishDate | 2023-07-01 |
| publisher | SAGE Publishing |
| record_format | Article |
| series | Socius |
| spelling | doaj.art-f6130ce797024f7a8080f0527cd813082023-07-05T08:03:25ZengSAGE PublishingSocius2378-02312023-07-01910.1177/23780231231181899The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation AnalysisJason Jabbari0Cameron Anglum1Stephen Roll2Leah Hamilton3Washington University in St. Louis, Shrewsbury, MO, USASaint Louis University, St. Louis, MO, USAWashington University in St. Louis, Shrewsbury, MO, USAAppalachian State University, Boone, NC, USAIn March 2021, the American Rescue Plan substantially increased the maximum per-child child tax credit (CTC). However, research has yet to explore educational investments associated with the CTC. Thus, the authors leverage a probability-based panel survey of CTC-eligible families across 49 states to examine how parents’ investments in tutoring and college savings relate to the degree to which parents believe that their children will have better lives than they did. Through mediation models, the authors find that even though families that used the CTC for tutoring and college savings perceived an impact, intentions were related only to increased optimism through actions for college savings. Moreover, through their moderation models, the authors find that the direct effects of using the CTC for college savings on increased optimism were significant only for lower income families and that converting savings plans into actions was substantially more common among families with previous savings experiences.https://doi.org/10.1177/23780231231181899 |
| spellingShingle | Jason Jabbari Cameron Anglum Stephen Roll Leah Hamilton The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation Analysis Socius |
| title | The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation Analysis |
| title_full | The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation Analysis |
| title_fullStr | The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation Analysis |
| title_full_unstemmed | The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation Analysis |
| title_short | The Child Tax Credit, Educational Investments, and the American Dream: A Moderated Mediation Analysis |
| title_sort | child tax credit educational investments and the american dream a moderated mediation analysis |
| url | https://doi.org/10.1177/23780231231181899 |
| work_keys_str_mv | AT jasonjabbari thechildtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis AT cameronanglum thechildtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis AT stephenroll thechildtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis AT leahhamilton thechildtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis AT jasonjabbari childtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis AT cameronanglum childtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis AT stephenroll childtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis AT leahhamilton childtaxcrediteducationalinvestmentsandtheamericandreamamoderatedmediationanalysis |