Education In Joseph Stiglitz's The Price Of Inequalities

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Translated into plain English, Ms. Adams is saying that it is significantly more common for black students to be ordered from the classroom or be physically controlled by teachers or other authority figures. If there is any question about the cause for a negative perception of the educational system, these statistics should help clear up the confusion. Couple this with the fact that African American students are “nearly three times as likely as white students to be retained, (Adams)” and the academic reasons for the high dropout rate and low levels of interest in furthering their education are reinforced. There have been many recent studies indicating that holding children back a grade (retaining) has no positive impact on the student unless …show more content…

He claims that “community quality depends on resident’s efforts to prevent crime and improve local governance… (Stiglitz 76)” and notes that the level of effort that homeowners put into their neighborhoods greatly outweighs that displayed by renters. Stiglitz states that homeownership has a direct positive impact on neighborhoods, therefore increasing the quality of life for those in the immediate area. To explore how the relationship between homeownership and community quality relate to the black population, first consider that blacks tend to have lower earning potential than whites (due to wage discrimination and lower levels of education), so unfortunately, purchasing a home is less feasible for African Americans than it is for whites. Throughout the last 30 years, there has been an average twenty-five percent gap in homeownership between whites and blacks (Segal), which indicates that more blacks live in low income, high poverty neighborhoods dominated by rental properties. To make the matter worse, during the years leading up to the Great Recession, many minority groups were targeted by predatory lenders. As a result, a substantial portion of African Americans that were lured in to bad loans by the dream of owning their own home ended up in foreclosure with massive damage to their credit and personal savings (Stiglitz

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