No. There is no way to cascade the changes. (Well, there might be some obscure way if you had defined your columns based on the same user-defined type but that would undoubtedly create more issues than it would solve). You'd need to issue one ALTER
for the parent and one for the child table.
If you have a more complicated schema where you're trying to trace changes from a parent table through many child and grandchild tables, you could use the data dictionary to walk the hierarchy. Here is one query to return the table hierarchy based on one of Frank Kulash's OTN Forums posts. If the column is named the same in every table, you can do something even easier and just query dba_tab_columns
for all the columns with that name and a data_length
of 25 rather than 50.