37Socio-economic disadvantage (SED) increases exposure to life stressors. Animal research suggests 38 early life stressors affect later neurodevelopment, including myelin developmental growth. To 39 determine whether human childhood SED affects myelination in adolescence and early adulthood we 40 measured the developmental increase of a sensitive myelin marker, magnetization transfer (MT), in a 41 longitudinal study. Childhood SED was associated with globally reduced MT, as well as slower intra-42 cortical MT increase in widespread sensory-motor, cingulate, insular and prefrontal areas and 43 subcortical areas. Parental education partially accounted for the SED effects on MT increase, while 44 positive parenting provided a partial protection against the impact of SED. Thus, early socio-economic 45 disadvantage, a vulnerability factor for a range of ill-health outcomes, is a risk factor for aberrant 46 myelin growth during a critical developmental period that is associated with a high risk of psychiatric 47 disorder. 48 49 Keywords 50 Myelin, magnetization transfer, development, quantitative imaging, socio-economic disadvantage, 51 adolescence, young adulthood, parenting, parental education, longitudinal 52 53 54