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Income Inequality In Education

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In today’s economic society, the presence of income inequality has only grown worse and shows no visible signs of stopping. According to an economics professor Emmanuel Saez, “U.S. income inequality has been increasing steadily since the 1970s, and now has reached levels not seen since 1928.” This calls for an alarm to the people in social groups such as women and low-income families. Income inequality is brought to life by factors the can be influenced by properties of our nations policies. The economic and public policies in the United States has led to income inequality due to the factors of education, discrimination, and monopoly power.
In the United States, education has been known cause a larger economic gap for income inequality to fill and sustain itself. This gap can be directly correlated with the price or tuition costs of education. According to Catharine Bond Hill, “The increased net price that lower-income students face, hurts both their enrollment and completion. The high cost of education causes low-income individuals to receive lower paying jobs due to the inability to receive higher education. The ability of the federal government to participate in policies have slightly decreased over the years. When it comes to the reduction of policies, the correlation between an increase in the income inequality of education can be seen. This occurs because government policies are responsible for changes such as allocating resources to entities such as education. The

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