Study: Parental financial help for college lowers GPA - FOX 8 WVUE New Orleans News, Weather, Sports

Study: Parental financial help for college lowers GPA

File/AP File/AP

CNN - A new national study found the more money parents contribute toward their kids' college education, the lower the grades their children earn.

The study by Sociology Professor Laura Hamilton, from the University of California-Merced, was published in January's "American Sociological Review."

Hamilton told the New York Times it was a modest effect, not big enough to make the students fail out of college.  She said it was surprising because parents assume the more money they give, the better their child will perform in college.

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