You hear a lot about the financial ramifications of income inequality: difficulty saving, major gaps in overall wealth accumulation, and a shrinking middle class. But the gap between America's richest and poorest families also has a major impact on the ability to achieve educational goals, which can create long-lasting and detrimental consequences for low-income families.
A recent study from the Pell Institute for the Study of Opportunity in Higher Education and the University of Pennsylvania Alliance for Higher Education and Democracy (AHEAD) took a look at the educational achievement of students aged 18 to 24 from different income brackets over the past 45 years. The researchers found that when it comes to completing higher-education degrees, the gap between the rich and the poor has actually grown significantly.
[For more of this story, written by Gillian B. White, go to http://www.citylab.com/politic...ore-educated/385206/]
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