South Africa, a country that is highly stratified by race, is an important location for studying the relationship between race and educational expectations. Using a longitudinal data set, we examine the educational expectations of black (African), colored (mixed race), and white (European ancestry) parents and children in Cape Town, South Africa. We find that parents and children have high educational expectations regardless of race, but black parents and children have higher educational expectations than coloreds and whites once socioeconomic and other factors are controlled. We also find that parents' and children's expectations tend to agree more and are more closely correlated among coloreds and whites than blacks. We test two explanations for the educational expectations of parents and children, finding more support for the status attainment perspective among coloreds and whites than blacks and support for the family social capital perspective among blacks and coloreds only.Little attention has been paid to the relationship between race/ethnicity and educational expectations outside the United States and other more developed countries. South Africa is an important location for studying this relationship because of the extreme racial stratification that has existed there. Under apartheid, the official policy of racial segregation that ended in the early 1990s, individuals were placed into one of three groups on the basis of race: an advantaged group comprised of whites (European ancestry), a moderately disadvantaged group consisting of coloreds (mixed race) and Asians (mostly from India), and a severely disadvantaged group made up of blacks (Africans) (Mwabu and Schultz 1996;Thomas 1996;Klasen 1997). Apartheid encroached upon virtually every aspect of life including housing, marriage, and employment. The impact of apartheid on the educational attainment of nonwhites was tremendous. By the end of apartheid, the mean years of completed schooling among adult males were 3.9 for blacks and 5.5 for coloreds versus 9.5 for whites. Among adult females, mean years of completed schooling were 3.4 for blacks, 5.3 for coloreds, and 9.1 for whites (Thomas 1996).