"The advantages that money can buy on tests and college applications have become so great that they threaten to undermine the American ideal of education as the great leveler that enables anyone who works hard to succeed, regardless of income level, the report said. In a knowledge-based economy that increasingly rewards education and skill, the report added, these growing educational disparities could further widen the income gap between rich and poor." High income families are spending more money than even on their children's education, therefore furthering the gap between rich and poor students. These families now spend as much as $9,000 annually on private tutoring, SAT prep courses, computers, and other activities, compared with about $1,300 for low-income families.

" In the 1960s, the typical corporate chieftain in the U.S. earned 20 times as much as the average employee. Today, depending on whose estimate you choose, he makes anywhere from 272 to 354 times as much. According to the AFL-CIO, the average CEO takes home more than $12 million, while the average worker makes about $34,000." Americans don't know how severe income inequality really is. The pay gap between a CEO and low-skilled worker was much greater than respondents would have expected, proving that the pay gap is in fact too large.