Changing the Level of Education and Career Choice Depending on the Socioeconomic Status of the Family: Evidence from Azerbaijan

Abstract

Education plays an important role in the fight against poverty and contributes to the formation of human capital by increasing the knowledge and skills of the individual. It increases the educational opportunities for future generations, provides more opportunities to participate in public life, and makes a significant contribution to social development. Education is influenced by various factors. One of the main factors influencing education is the socio-economic conditions of family life. This study explores the relationship between the socio-economic status of the family and the level of education in Azerbaijan. To this end, the influence of two main independent variables, namely, the influence of family elders and family income, on the level of education of an individual was studied. As a result of the study, it was found that mothers compared to grandparents and grandparents compared to fathers have a positive impact on the level of education of children. It was also found that household income is a determining factor in choosing a risky career and that children from families with an upper middle income are especially more positive than those from low income families.