Tuesday, February 23, 2016

CURMUDGUCATION: More Bad Poverty News

CURMUDGUCATION: More Bad Poverty News:
More Bad Poverty News


We have seen versions of these findings before, but one more study drives home the point again-- education does not erase the economics of your family of origin.

This particular study is written up by Brad Hershbein over at Brookings, and the findings are short, simple, and important.

While some folks accept that a person from a rich family and a person from a somewhat-less-rich family won't be put on a level playing field by a college degree, they'll at least enjoy the same sort of boost from that education. But Hershbein's research says, no, that's not how it works. This chart spells it out--






(FPL is Federal Poverty Level)

In other words, a BA helps rich kids get way richer, while a BA helps poor kids get only just a little bit less not-poor.

As I said, this is not exactly news. A Johns Hopkins study over twenty-five years in Baltimorecemented the importance of family-of-origin. Robert Putnam wrote an entire book about how 
CURMUDGUCATION: More Bad Poverty News: