The Impacts of Covid-19 Pandemic: External Shock of Disruption Education and Financial Stress Cohesion

This research aimed to determine the effect of the: (1) financial resilience on the home learning model; (2) parenting self-efficacy on the home learning model; (3) home learning model on education innovation; (4) financial resilience on education innovation; and (5) parenting self-efficacy on education innovation on parents. This research uses a quantitative method. Respondents consisted of 250 parents whose children were currently attending kindergarten and elementary school education. Determination of the sample using random sampling. The data collection method used a questionnaire with a Likert scale and via a google form. The data analysis technique used path analysis. The results of the research data analysis show that there is a path in each variable as evidenced by (1) The effect of financial resilience on the home learning model is 0.38; (2) The effect of parenting self-efficacy on the home learning model is 0.42; (3) The effect of home learning model on education innovation is 10.37; (4) The effect of financial resilience on education innovation is 0.30; and (5) The effect of parenting self-efficacy on education innovation is 0.31. The suggestions given by parents and the people of Yogyakarta are: (1) Improving financial arrangements for parents; (2) Increase the spirit of involvement for parents on learning of children at home; (3) Emphasizing the importance of learning models and education innovation for parents so that they can pay attention to children's success; (4) Continue to make efforts to improve the abilities and skills of parents so that they can play an important role for parents in children's education.