What Are The Disadvantages Of Wealth And Education

A world with multiple competitive workforces is really on that is dominated by those who are the most educated, right? Now what if you were to take an even deeper look into the competitiveness of getting the education needed, where despite one 's background, would serve as a rather equal opportunity? In such cases, reports the articles that I have surveyed from several articles from sites such as Hechinger Report and the New York times shows that the most apparent in the completion and attendance rate is rising, but not for everyone. It is apparent that more rich kids are increasingly attending more private, top-ranked universities, causing a bigger gap in both wealth and education.

STATISTICS OF EDUCATION GAP

The help that students in schools

Some federal financial-aid programs, such as work study, have to benefit wealthier student to disproportionately. Students from higher-income families are far more likely to use the kind of so-called “college enhancement strategies” elite institutions’ admissions offices take into account, including community service and extracurricular activities

Income. As calculated by the Tax Policy Center, around 93% of students whose families earn well over 100,000 per year (roughly 20% of America) get over $17 billion a year in tuition granted from the government. It has also been studied by the Education Department that only less than 10% percent of students from families that make less than $30,000 a year get private scholarships, compared those 20% of American households .

Reasons for performance. Consider the teenagers who scored among the top 25 percent of students on the math test. In this group, the students from the top socioeconomic quartile had very high bachelor’s degree completion rates: 74 percent of the most advantaged students with top math scores earned a four-year college degree by the time they were in their late

“High-income parents have resources they can use for this, and low-income parents have had to cut back,” said Sabino Kornrich, a professor of sociology at Emory University who coauthored the report. “We’ve seen since the recession this inequality of spending become even more pronounced.”. Colleges and universities have their own financial preoccupations. Public universities, for instance, faced with declining state funding, have chosen to not only make up for this by raising their tuition, but by recruiting higher-paying out-of-state students. They and private, nonprofit colleges and universities are offering wealthier applicants billions of dollars in financial aid that once went to lower-income ones, the U.S. Department of Education found. While private colleges and universities often say that they give lots of money in financial aid, they don’t specify who’s getting it, and the proportion of students who get aid for reasons other than need has doubled in the last 20 years, the department