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Income Inequality

and Education

What is income inequality

Income Inequality

Income inequality is the significant disproportion of income between different social classes, populations and many other groups.

Education

What can it affect?

Health

Demands for goods and other services

What is student Debt?

Student Debt

Student debt is money owned on a loan made to cover educational expenses.

Dropping out

Many students choose to drop out either because they don't have an interest in studying or they can no longer afford the education they once seeked.

Family Income

Student debt is a big problem in today's society. Many factors can lead to student debt, but the following are the main causes:

No job slots after college

Why is this a problem?

Many students come form low income homes. Their parents make the sacrifice to invest in the childs educationbut due to low income it late becomes imposible to pay.

Colleges sometimes sell dreams to they students. They convince the students that they will have a well paying job once they graduate, but this is rarely true

The following graph shows the relationship between education and income.  It shows the distribution of mean incomes over a period of 20 years in relation to education.

Visual

bit.ly/3kOycfY

In this graph, you can tell how the densities for higher educational categories are further to the right and that there is also some overlapping between the categories.

If income inequality keeps affecting the educational system it can not only lead to more student debt but it can also lower the amount of tuition. This will be due to the fact that students will rather stop studying than seek a higher education in order to avoid to drown in a debt they can't afford.

What will happen?

Thank you

Thank you for your attention

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