Educational expectations have increased over time in the United States. Most adolescents expect to earn a bachelor’s degree and a graduate or professional degree. Although past research has generally agreed on the status-attainment perspective to understand educational expectations, these frameworks are limited in terms of the type of parental resources they address, as well as inattention to the intersection of gender and race over time. We address these gaps and investigate variations in youths’ expectations for graduate school by mother’s employment status, gender, and race using Monitoring the Future data from twelfth graders from 1976 to 2019. We find that mother’s employment status positively influences women’s graduate school expectations more than men’s across all racial groups we examine with young Black women holding the highest graduate school expectations. We also find that maternal employment patterns graduate school expectations over time but only for White respondents. Black respondents hold higher expectations, but this trend is stable across maternal employment status.