According to an analysis by Dr. Kathryn Wilson, associate professor of economics at Kent State University and colleagues, the United States has the highest level of income inequality among all rich nations. For example, low-income households, or those at the 10th percentile of the income distribution, spend approximately $8,900 per year per child, while high-income families, or those at the 90th percentile, spend $50,000 per child.
“People like to think of America as the land of opportunities,” says Wilson. “The irony is that our country actually has less social mobility and more inequality than most developed countries.”
In a recent study funded by the Russell Sage Foundation, Wilson and Dr. Timothy Smeeding of Syracuse University and Dr. Robert Haveman of University of Wisconsin-Madison, examined social mobility, or the ability to move up or down the economic ladder, in the United States. Specifically, they investigated the relationship between parental socioeconomic status and offspring socioeconomic status by studying three variables: family income, education and occupation class.
Their research found that parental income seems to have a large effect on offspring income. A primary reason for less mobility for those from lower income families is less educational attainment; however Wilson suggests that lack of money to pay for education is not the primary reason for less educational attainment but rather factors such as parental expectations or knowledge of the higher education system result in less education for those from lower income backgrounds.
In addition, parental education and occupational class were found to be stronger predictors of offspring educational attainment than parental income.
- Kent State University
- PHYSICAL SCIENCES
- EARTH SCIENCES
- LIFE SCIENCES
- SOCIAL SCIENCES
Subscribe to the newsletter
Stay in touch with the scientific world!
Know Science And Want To Write?
- Top Mass: CMS Again On Top!
- The Enemy Of Archaeology Is Not People, It's Salt
- Science Graduates Are Not Good At Math – But Why?
- Why Ice Sheets Will Keep Melting For Centuries To Come
- Depression Surveys Linked To Unnecessary Antidepressant Prescriptions
- The Glaciers Of Mars
- The Origin Of Neptune And Uranus
- "Regarding Vlad III. Drăculea, the Romanians still regard him as something of a hero. ..."
- "I just can't enthuse about the top quark because its existence has been inferred. It's ephemeral..."
- "Eventually, by analyzing LHC Run 2 data and combining all inputs, we will nail down the top quark..."
- "I've long pictured a brain as a bunch of rail yards, and signals are trains.When you're learning..."
- "I'm suggesting you can design a synthetic silicon neuron, and be able to export and import the..."
- How career dreams are born
- Chemical interactions between silver nanoparticles and thiols: A comparison of mercaptohexanol again
- Gender equality leads to more Olympic medals for men and women
- New learning mechanism for individual nerve cells
- Erectile dysfunction drugs could affect vision of genetically susceptible users