The Connection Of Poverty And Education In The United States Of America

The word poverty defines and characterizes a situation in which a group of person, individual and a social do not have enough resources to respond to their need which can allow them to have a normal development. Poverty has huge consequence on a society such as ware, lake of education but also equality between man and women and salary differences.

We can think that poverty just impact African countries, east European countries and some Asian countries but that not the case. As the biggest economy in the world the United States of America also face the poverty and the reason of that is due to Salary inequality between rich and poor a study made did demonstrated that the revenue of the 10 percent of the richest has increase of 10 percent from 307 000 dollar per year to 397 500 dollar per year meanwhile those of the 40 percent less riche has decrease. For the 20 percent who are really poor the decrease of the their salary was around 8 percent with a salary of 15 200 dollar annually.

In the United States of America the 3 present of the most riche own 30, 5 percent of the total revenue in 2013 against 27. 7 percent in 2010, when 90 percent of the less riches revenue decrease. Moreover, this category of the richest holds 54. 4 percent of the total wealth against 44. 8 percent in 1989. At the other end of the scale, the 90 percent less rich have saw their share fall to 24. 7 percent from 33. 2 percent in 1989.

Behind these numbers is a two-track economic recovery. Those with a stock market portfolio or real estate holdings have benefited from a substantial wealth effect over the past three years. The Standard & Poor's 500 index soared 47% during this period. Whoever measures the evolution of real estate, the S & P / Case Shiller Index, he jumped 13. 4%. For those who do not have either, the notion of recovery has been much more evasive in a context of stagnant wages and fragility of the labor market. For while the unemployment rate has been steadily falling since 2010, it offers only a partial view of the labor market as more and more Americans give up looking for a job. In November 2013, during her Senate hearing, Janet Yellen, as she was preparing to be named to the head of the Fed, described the increase in inequality as "a very deep problem, " indicating that many underlying factors were beyond the reach of the US Central Bank. It should nevertheless be noted that much of the wealth effect that benefited the better-off has been fueled by the colossal liquidity injections decided by the Fed for three years to revive the economy. In a context of interest rates near zero, this money came to invest mainly in equities and real estate.

When we look at the origin of households, the inequalities are even more glaring. The average income of the white, owner and graduate population increased between 2010 and 2013, while that of blacks, Hispanics, renters and non-graduates declined at the same time. Similarly, the median income of blacks and Hispanics fell 9% over the period, when it fell only 1% for whites. In addition, the report indicates that the rate of homeowners among US households fell to 65. 2%. This is the lowest level since 1995. When families owned their businesses, the percentage dropped to 11. 7%. Never seen for 25 years. Of the other reason of the inequality among riche and poor it is due to political decision more and more rich American pay less they taxes and since the arriving of Donald Trump in the presidency of the USA the number have increase due to the political decision made by is administration which reduce riche taxes mean while does with less salary see they taxes increase. Nepotism is on of the factors, which contribute to the inequality between riche and poor, majority of rich people have the tendency to give more favor to their child when it about to work and those who coming new to the field of work as less chance to get a job compare to the riche one Issue of the education one of the mean reason of inequality between rich and poor in the united states of Americas and we see that American society is unequally social and economic. According to one study, 20% of the wealthiest population controls more than 80% of the country's total wealth. This economic gap is directly reflected in the unequal access to education that is already starting at primary school level. The number of opportunities depends on the social status The United States school system is one of the least equal systems in the industrialized world. Students have extremely different possibilities that vary according to the social status of their family. Compared with all OECD member countries (Organization for Economic Co-operation and Development), an American child from a low-income family is less likely to have access to quality higher education a child from a modest background in a European country for example. Students from affluent families have the means to access quality university preparation which is an important springboard for university admission. Not surprisingly, only 10% of students in the top 146 universities in the United States are from the lower middle class.

Although each federal state finances its public schools in an equivalent way, each school can supplement this funding with local fundraising. As a result, schools in rich areas have an opportunity to receive much more private funding than schools in poor areas and neighborhoods. Highly funded schools can employ qualified teachers, provide up-to-date literature, have well-equipped classrooms, offer a varied curriculum and other benefits that have daily impacts on student training. Federal states are trying to reduce these funding gaps, but this remains difficult because of the private provision of public schools. For example, in Los Angeles, the affluent neighborhood like Canada Flintridge where the average income for a family is $ 154, 947 can, of course, raise a lot more private money than the poor neighborhood like Huntington Park where the average income for a family is 36, 620 dollars.

This two-tier system of education implies in the United States that university studies are perceived in the mores as being mainly intended for financially advantaged students. Another consequence of the high cost of university studies is the underwriting of many student loans from private institutions. This generates undeniable pressure that weighs on the shoulders of learners: the success of their course and the repayment of their debt. As a result, many people who come from the middle class are not able to pay their debts until they are 40 or 50 years old. As a result, they cannot save as people from wealthy classes who can afford to repay their debts. They are thus in a vicious circle where it is difficult for them to improve their social status and pay in full for the education of their children. Inequality extends According to a study by Larry Bartels, Benjamin Page and Jason Seawright, 1% of the richest Americans think there are more important areas to publicly finance than education. At the same time, they are the ones who can finance the education of their children, unlike parents who come from the middle class. Reducing public funding for education will have catastrophic consequences for the middle and poor classes. Education is a basic right and all children should have the same opportunities to access quality education. Admittedly, the American school system is present and meets the minimum training requirements.

Yet it is essential to raise public awareness of this economic divide and its consequences for future generations. To reduce these gaps, it is necessary that the United States adopt reforms in their education system to provide better opportunities for equal education for all students who represent the country's economic future.