Real and Imagined Barriers to College Entry: Perceptions of Cost
This study uses a nationally representative sample of parents to determine their perceptions of college costs and the extent to which misrepresentations are connected to family income and parental race/ethnicity and education. Results revealed that socioeconomically disadvantaged and minority parents are more likely to make larger errors when estimating the cost of college tuition, and parents, regardless of their race, ethnicity or socioeconomic status, provide predominately biased estimates of college costs.