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Home/ Haves and Have Nots Seminar - Moody Middle School/ Contents contributed and discussions participated by hcps-tranaa

Contents contributed and discussions participated by hcps-tranaa

hcps-tranaa

New IRS data give fresh look at income inequality - MarketWatch - 0 views

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    "The middle class - those who make between $50,000 and $100,000 - account for 22% of all filings and roughly the same in income, at 25%. Put it another way: 3.6 million households make basically the same as 32 million households." The author essentially shows that the rich are only getting richer and that everyone else is only getting poorer. The article shows how the small upper class makes just as much, if not more than the much larger middle class.
hcps-tranaa

Opportunity gap stalks U.S. children as inequality grows - Central Maine - 14 views

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    "A student at one of America's most selective colleges is 14 times more likely to be from a high-income family than from a low-income one, based on a 2010 study by Carnevale and fellow Georgetown University economist Jeff Strohl. Those schools usually admit less than one-third of applicants. For an upper-middle-class American, getting a degree is "part of your biography", said Carnevale. "But for other kids, it has to be an aspiration."" This article displays the disadvantages that lower families experience in comparison to higher class families. The author additionally explains how students from low-income families have to put in extra work if they want to be on the same educational level as students from high-income families.
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