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America Has Regressed in Income Inequality and Social Mobility - US News - 3 views

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    "We have regressed in social mobility and income equality. For the first time in our history, we are less socially mobile than Europe. And economic inequality is manifestly real, dangerous and growing. The top 10 percent of Americans now account for half of the national income, compared to one-third a number of years ago. Journalist and author David Cay Johnston has given us a vivid measure: "The average increase in real income reported by the bottom 90 percent of earners in 2011, compared with 1966, if measured at one inch, would extend almost five miles for the top 1 percent of the top 1 percent." In a June 2013 Brookings Institution/Hamilton Project study, the observation was made that "children of well-off families are disproportionately likely to stay well off, and children of poor families are very likely to remain poor." It is widely understood that the single best predictor of future financial success is educational achievement, yet educational opportunities seem to be sorely lacking for all but the families at the top of the income ladder. High-income parents invest more in their children, widening the gap between those who are rich and poor in test scores, college attendance and graduation. A 2010 study of the most selective higher education institutions by Georgetown University researchers Anthony Carnevale and Jeff Strohl concluded that "the wealthiest students out-populate the poor students by a margin of 14 to 1."" This article talks about how economic inequality is growing and how it is dangerous for the United States. It explains how the Haves will most likely stay Haves and past that down through generation after generation of their families. Being a have not includes higher education that the Have Nots can't afford, which then leads the Haves to get higher paying jobs. The Have Nots continue with lower education and lower paying jobs which will continue the spread of economic inequality.
hcps-colemankg

The Opportunity Gap - NYTimes.com - 10 views

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    "Putnam's data verifies what many of us have seen anecdotally, that the children of the more affluent and less affluent are raised in starkly different ways and have different opportunities. Decades ago, college-graduate parents and high-school-graduate parents invested similarly in their children. Recently, more affluent parents have invested much more in their children's futures while less affluent parents have not." This Article basically explains what the opportunity gap is and how it affects education in America. It talks about how higher class children typically have more opportunities than lower class children. It also explains why jobs have an affect on opportunities because, the parents of children need money to send them to college, so without a good job children may not make it to college.
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    "Affluent parents also invest more money in their children. Over the last 40 years upper-income parents have increased the amount they spend on their kids' enrichment activities, like tutoring and extra curriculars, by $5,300 a year. The financially stressed lower classes have only been able to increase their investment by $480, adjusted for inflation."
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    "While most studies look at inequality of outcomes among adults and help us understand how America is coming apart, Putnam's group looked at inequality of opportunities among children. They help us understand what the country will look like in the decades ahead. The quick answer? More divided than ever." This article talks about how the opportunity gap has grown drastically in the last 40 years. It talks about how the upper 25% of kids are a lot more likely to participate in after-school activities than the bottom 25%.
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    "Affluent parents also invest more money in their children. Over the last 40 years upper-income parents have increased the amount they spend on their kids' enrichment activities, like tutoring and extra curriculars, by $5,300 a year. The financially stressed lower classes have only been able to increase their investment by $480, adjusted for inflation." This article talks about how the education/ opportunity gap affects America. It states that parents have invested in their students a lo because of the education opportunity, but now the separate classes, depending on how much your income is, affects the opportunity for a larger education. It mainly talking about how it is steadily inflating throughout the years, and how it affect the poor, as well as the rich.
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    "The children of the more affluent and less affluent are raised in starkly different ways and have different opportunities. As a result, poorer kids are less likely to participate in voluntary service work that might give them a sense of purpose and responsibility. Their test scores are lagging. Their opportunities are more limited." This article explains the differences between the social classes of America, and their relation to education. Families who have a larger income than others tend to invest more time and money into their children. Kids who come from families who are wealthier are roughly twice as likely to participate in after school sports, and be members of nonsporting activities, also receiving better test scores and a sense of purpose and responsibility. Those with a larger amount of money are exposed to a plethora of opportunities which open doors to countless others, while those who are not so lucky do not get the same chance. Affluent individuals are more likely to raise children with other prosperous individuals in self-segregated areas where they are not exposed to those who do not share the same blessing. This is the reason for the lack of equality in the nation, as stated by the article, making the societal opportunity gap wider and wider.
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    "Affluent parents also invest more money in their children. Over the last 40 years upper-income parents have increased the amount they spend on their kids' enrichment activities, like tutoring and extra curriculars, by $5,300 a year. The financially stressed lower classes have only been able to increase their investment by $480, adjusted for inflation." This article talks about how higher income parents (Haves) spend more time and money invested in their children and because of this their children in the future will be as successful. This article also states how the gap will keep growing bigger and bigger.
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