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I use unique longitudinal data to examine, with greater detail than previously achieved by quantitative researchers, variation in parents' educational aspirations. More specifically, I examine the effects of background characteristics (including demographic, geographic, and socioeconomic origin characteristics), socioeconomic status characteristics, such as education attainment and household income, and social-psychological characteristics, such as locus of control, job-satisfaction, and subjective well-being, on parents' odds of having high educational aspirations for their children (i.e. wanting their children to attain a Graduate or Professional degree).