Apple Christie A. Ng
English 27 Andre Dominic
Educational attainment affects household income.
I. Introduction Education is the wise, hopeful and respectful cultivation of learning undertaken in the belief that all should have the chance to share in life (Smith, The encyclopaedia of informal education, 2015). Educational attainment for each individual demands critical attention to make their dreams and goals in life plausible. Educational attainment refers to the highest level of schooling that a certain individual has achieved. For some, educational attainment refers to the number of grades completed. But through the postsecondary level, it refers to the institutions attended, diplomas or degrees attained. This term paper analyzes
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Higher levels of educational attainment tend to be associated with higher wages (Aliprantis, 2011). In this standard world that we live in, education plays a vital role when it comes to better employment. When we say vital roles, what we mean is by how we get to achieve our goals in terms of both short term and long term. Education affects so many aspects of our live, more than we give it credit for. Aspects such as, family which is the basic foundation of every person. Education is the key to our future. As family income increases, educational attainment increases (Ismat, 2000). When a parent isn’t able to provide for his or her children’s holistic growth, it would affect the child’s future entirely, and a part of that holistic growth is his or her education. Another aspect when we say vital roles is the aspect of one’s employment. One’s employment determines the standard of living, and the standard of living determines not only one’s well-being but the well-being of one’s family. And that includes one’s children, better employment results to higher income. Thus, the more education you have, the more you are worth in the job market. A graduate of higher education faces a lower risk of unemployment, and has a greater access to further training opportunities and larger average …show more content…
Examined the relationship among family structure, parental practices and children’s achievement. It revealed that parental practices, including parental encouragement had positive effect on children’s school achievement (Ashtone & Sara, 1991). Based on the resource-based view (RBV) of the firm, Wright and McMahan (1992) and Wright et al. (1994) show that human capital is valuable, rare, inimitable and non-substitutable (Sujchaphong, 2013). Human capital is essential to one’s holistic growth, especially to the outcome of educational attainment. Human capital is a collection of resources- all the knowledge, talents, skills, abilities, experience, intelligence, training, judgment and wisdom possessed by an individual and collectively by individuals in a population. These resources are the total capacity of the people that represent a form of wealth. From the study by Takeuchi, Lepak, Wang, and Takeuchi (2007), collective human capital was the mediator between high performance work systems (HPWSs) and firm performance (Sujchaphong, 2013). According to (Schwab, 2015) “A nation’s human capital endowment- the skills and capacities that reside in people and that are put to productive use- can be a more important determinant of its long term economic success than virtually any other resource. This resource must be invested in and leveraged efficiently in
Even our President Barack Obama has spoken about how important it is to make sure the children are being educated to their fullest. Learning the ability to think critically and problem-solve gives way towards national prosperity. Book, Higher Education. It is easy to see that there is a strong urge to get the best education you can receive for a reason. Education is and will always be an important factor in our society....
In order to break through the status quo of poverty for generations, there needs to be more efficiency on education. In our current society, establishments would rather hire someone who well qualified with college degree rather than just a high school education. For our modern day survival we need education because it will give up opportunities and help we need to become successful. The higher a person educational degree the more invested opportunity to move up in the ranks in our
Today in American society, one feels pressured and obligated to seek higher levels of education. In the article “College prepare people for life” written by Freeman Hrabowski, he expresses his views on the many aspects in which college prepares one for their life; especially, financially. Having a college degree increases ones ability to get a job in comparison to somebody who has solely a high school diploma. However, many are faced with the irony of having to go into to debt, in order to work towards financial independence and security. In terms of socio economics, those who are stuck by poverty often cannot afford going into debt to exit their current ranking in the qazi caste system of poverty. Many argues that college prepares people for life, however one can disagree due to
Rodney K. Smith’s mere opinion of his publication is that children with a higher level are more like to secure a job rather than those with no or little education. His view is upheld by the statistics of bureau that gives a clear statistics of the percentage of the salary earned by students with higher education and that of lower education. This makes his claim more reliable and credible because the bureau of labor and statistics is a reputable institution in the United States that deals with the percentage of people who work in United State. Smith’s own personal anecdote appeals to the feelings of the audience in which it ignites them with feelings of possibility.
To continue, education is highly important as it greatly effects life outcomes. For example, people with more schooling earn more, live longer, and are in better physical condition. In regards to family life, the more schooling means the more chance for a marriage, a “very happy” relationship, and marry someone with the same amount of education as them, also known as education homogamy.
Ermisch and Pronzato (2010) in a study conducted in Norway, determined that parental education does have an influence on a child’s educational aspirations and attainment, but that the father’s educational level had a great influence on their children’s future attainment than the mother’s educational level. However, this study showed that in poorer families, the mother’s educational level had a greater influence on the future educational attainment of the child. They also found that the parents’ educational level was more influential in the USA than in Norway, thought it had a positive correlation in both countries.
Income inequality in the United States is directly correlated with education decline over the past 40 years. People with lower incomes tend to have less opportunities for a good education than those with higher incomes. American education, when compared to other nations, has dropped dramatically due largely to a rise in income inequality since the 1970s. Not only has economic inequality lead to academic decline and disparity, but academic disparity has also tended to lead to further economic inequality. Because of this, improving the American education system can effectively decrease the income gap. If done correctly, the usage of an alternative school model, specifically the private school model, rather than the usual public school model can reduce economic inequality.
Today, living the American Dream is not just a matter of working hard. A higher education is becoming a necessity to have if one wishes to rise above his or her station. Egan mentions that years prior, a degree was not necessary to having a comfortable life, but nowadays without a degree, it is nearly impossible to earn a wage that can support all the ideals of the American Dream (106). Because of this, a person born into a family with money has a much better chance of continuing to live a comfortable life, while a person who is born into poverty or the lower class might not have the means to receive an education and is therefore left out of the American
Since I was little my mom told me that education is the tools and skills that makes people successful in life. Education provides the opportunity to overall developmental individual. But education has two different value for me which are the intellectual and economic. intellectual can help students to see the world different. In addition, education help to encourage and learn so many new things. for instance, in the essay “a pediatrician takes pride in her afghan cabdriver father” Waheeda Samady states how does cabdriver and her daughter has such as good communication and relationship. She explains how she
Education mean something different for everyone. Because of this, people have different views for the purpose of education. For some education can be very important and for others no so much. However, education is still present in some ways. Education is used for many things like advancing in the work place and helping out country compete against other countries. The role that education plays in improving the lives of students is by creating democratic citizens; this happens by promoting imagination and the desire to care in classrooms.
Study/education improves the development of a society hence the need for educated individuals to occupy significant position in order to improve such society.
There have been people to say that the higher your education the better you will succeed. Education is not something that many people see as a major deal because school may not be for them. There are plenty successful people who do not have a higher education, but the jobs that they take up are the ones that most people cannot see themselves doing on an everyday base. For an example a construction worker or maid and house keeper. That doesn’t mean that higher education is not important, many students earn more with a college degree than those without one. Higher education is the key to receiving a higher income.
Higher Education (University Level) – It should be provided according to aptitude. That is, if anyone meets the essential education standar...
Education is as important as the air we breathe. It is the most important possession a person must have. Education is beneficial in many aspect of life especially, personal and social it is the only possession that cannot be taken away from you. Education is important because it will open up the windows of opportunities. In this competitive world having a good education is as important as the air we breathe because it is our weapon to conquer the world.
Rich people assume that College is important, but it is not a one way ticket to success, and happiness. However, Middle class people believe that education is important to be successful in the future. Education for middle class student is an important tool that is applied in the modern world to succeed, as it reduces the challenges, which are faced in life. “With nearly half of the nation 's undergraduates enrolled in community colleges,…….are playing an increasingly important role in higher education.”(David Hosansky). The information gained through education allows individuals’ future life to be optimally utilized due to training of the human mind. This eventually opens doors of opportunities for individual to achieve better chance in career growth. Education has played a major role in the modern industrial world. “This is attributed to the fact prospective employees must be qualified adequately to perform various tasks effectively.”(David Hosansky) Industries entail resources that are sufficiently equipped with the modern technology to suit the needs and wants of the society. This makes education to become a norm for services in all industrial