
Permanent URL for this page: http://hdl.voced.edu.au/10707/444950.
Abstract:
The US wealth gap is fueling an education and upward mobility gap. Wealth, along with income, can buy educational achievement through more books, tutors, and private schools. But wealth also offers a level of security that income (and financial aid, like Pell grants) can't. Young people in families with more wealth can focus on the academic challenges of higher education instead of the financial ones. Because education is a key way to escape poverty and gain economic independence, increasing access to wealth can mean increasing access to opportunity. Using data from the longitudinal... [+] Show more
Subjects: Equity; Culture and society; Income; Higher education
Keywords: Social mobility; Academic achievement; Longitudinal data; Family
Geographic subjects: United States; North America
Published: Washington, District of Columbia: Urban Institute, 2017
Physical description: 12 p.
Access item:
http://www.urban.org/research/publication/wealth-inequality-barrier-education-and-social-mobility