https://phys.org/news/2018-07-parents-inclined-invest-child-quality.html

"Given that children from wealthier backgrounds are also more likely to attend better schools, the relationship parents perceive between school quality and material investments might contribute to the low social mobility in England," said co-author Dr. Teodora Boneva (UCL Economics).

It has been widely documented that parental investments are highly predictive of important life outcomes such as educational attainment, earnings and health. However, time and financial resources which parents allocate towards their children vary considerably across families.