Work and School in Young Adulthood: The Role of Personal Financial Responsibilities and Parental Social Support

Authors
Cho, S. Purtell, K. M.
Publication year
2020
Citation Title
Work and school in young adulthood: The role of personal financial responsibilities and parental social support.
Journal Name
Youth & Society
Journal Volume
52
Issue Number
7
Page Numbers
1-24
DOI
10.1177/0044118X18824721
Summary
Young adults’ decision to enter workforce or enrol in college may be impacted by their personal financial means and parental support. This study examined how personal financial responsibilities and parental social support is associated with youth’s engagement in employment or attending school. The study also investigated youth’s perception of the relevance of current work and school experience to future careers. The findings indicate that youth’s financial responsibilities predicted their work and schooling status at later stage.
Key Findings
Youth who had greater personal financial responsibilities at initial data collection were more likely to be either working only, or combining school and work than to be only attending school two years later.
Personal financial responsibilities of the youth were not related to how relevant they perceived their current work or school towards future career.
For youth who perceived lower paternal support, personal financial responsibilities were related to belief that current schooling is relevant for career. For youth who perceived higher paternal support, personal financial responsibilities were not related to belief that current schooling is relevant for career.
For youth who perceived lower maternal support, personal financial responsibilities were positively related to belief that current work is relevant for career. For youth who perceived higher maternal support, personal financial responsibilities were negatively related to belief that current work was relevant for career.
Implications for Military Professionals
Collaborate with organizations that serve youth to teach them about the real-life implication of work and college experience on later career options

Develop career resources to assist groups with specialized needs (e.g., individuals with less parental support) to gain training and employment in their field of interest
Implications for Program Leaders
Provide education to parents of young adults to enhance positive communication skills, such as conveying emotional or social support to their children
Provide workshops to help youth learn about available resources to pursue postsecondary education (e.g., financial aid and scholarships)
Implications for Policy Makers
Continue to provide support for programs that work to increase youth’s readiness for the transition to adulthood (e.g., financial independence)



Recommend collaboration among schools and community- based programs to support youth who have less financial means to pursue education
Methods
Data were drawn from the Transition to Adulthood (TA) supplement of the Panel Study of Income Dynamics (PSID), a longitudinal study that collects data on broad range of topics like housing, employment, and family finances in the U.S. since 1968. For the present study, data were taken from 2007 and 2009.

Participant self-report measures assessed personal financial responsibilities, work and school statuses, beliefs about the career relevance of work and schooling, and parental social support.
Data analyses determined how personal financial responsibilities were linked with work and school statuses, and beliefs about current work or schooling being relevant for career. Additional analysis was done to explore how these associations may be impacted by parental social support.
Participants
The sample consisted of 854 young adults who participated in the 2007 TA study. For the year 2009, 765 young adults out of 854 were included for the study.

About 49% of the participants were male and the age of participants ranged from 17 to 23 years old.
About 62% of the participants were White, about 16% were Black, about 16% were Latino, and about 4% were Asian, Native Americans or Pacific Islanders.
Limitations
The measures for personal financial responsibilities, parental social support, and beliefs on career relevance were limited in scope, so results should be interpreted with care.

Participants were categorized into four groups by work or school status, but the nature of work (e.g., pay, duration, health benefits) was not examined, which might result in somewhat inaccurate interpretation of work.
There was no description about other financial resources (e.g., aid from college, inheritance or large gifts from relatives) that may have influenced the financial responsibilities of the youth.
Avenues for Future Research
Replicate the study with surveys that have been conducted within the last decade
Include standardized scales to assess personal financial responsibilities, parental social support, and beliefs on career relevance
Investigate more factors that may impact young adults’ decision to enter into workforce or enroll in school (e.g., parents’ level of education, opportunities for vocational training)
Design Rating
3 Stars - There are few flaws in the study design or research sample. The flaws that are present are minor and have no effect on the ability to draw conclusions from the data.
Methods Rating
3 Stars - The definitions and measurement of variables is done thoroughly and without any bias and conclusions are drawn directly from the analyses performed.
Limitations Rating
3 Stars - There are only minor factors that limit the ability to extend the results to an entire population.
Focus
Civilian
Population Focus
Abstract
Combining work while attending college is a common strategy for youth with limited financial means to pursue postsecondary education. However, we know relatively little about the socioeconomic contexts behind the different work and school decisions and whether the meaning of each work and school experience vary by different socioeconomic backgrounds. Following a national sample of young adults, this study explored how personal financial responsibilities and parental social support are associated with employment or enrollment in college and youths' perceived relevance of them for their prospective careers. Youths' personal financial responsibilities were associated with higher odds of working only and combining school and work, compared to attending college only. Youths' personal financial responsibilities were positively linked to the career relevance of their work and school experiences, but only when they were experiencing low parental social support.
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