jolly-dolly:socialismartnature:Affluent Students Have an Advantage and the Gap Is Widening | NYTimes
jolly-dolly:socialismartnature:Affluent Students Have an Advantage and the Gap Is Widening | NYTimes.comLow-income students with above-average scores on eighth grade tests have a college graduation rate of 26 percent — lower than more affluent students with worse test scores. Thirty years ago, there was a 31 percentage point difference in the share of affluent and poor students who earned a college degree. Now the gap is 45 points. The gap has also grown in college entrance rates and spending per child on tutors, sports, music and other enrichment activities. Related Article »===Confirms what we already knew, but still noteworthy. Our system does not reward the “smartest” and “most industrious” but simply the most wealthy. Even when a rich student and a poor student get the exact same test scores, the rich student is 6 times more likely to complete college than than the poor student.And the poor student is more likely to be burdened with debt in the form of student loans, thus keeping them poor. Essentially, every time the not-rich move a step up the ladder, the wealthy saw out a rung. -- source link
#higher education#class#college#cost#income#wealth#inequality