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Higher Education In Income Inequality

986 Words4 Pages

“In recent months some of the leading economic minds in the country have declared that when it comes to explaining rising inequality, education doesn’t matter” (Greenstein and Merisotis). According to this quote, one of the main reasons people believed was a key issue in economic inequality turns out is wrong. However, there are still many arguments being made by multiple people who still believe that education does provide somewhat of a role in wealth inequality. There are those who argue that with education you can acquire a higher degree, which will allow one to earn a higher income, education stabilizes the ideals of everyone having a fair chance and are responsible for their own actions, and that education is one of the best …show more content…

Throughout her article she states that individuals who acquire higher degrees are able to have access to jobs that offer them a high income. She also states how most individuals who benefit from higher education though come from families who have high incomes as they are able to afford the high prices of many universities today. Within her article she argues that colleges are in a sense ‘car dealerships’ which attempt to focus and pull in as many individuals from higher income families instead of people from lower income families. An issue that Hill raises about higher education is public appropriations that are steered away from public universities which, in effect, hike up tuition costs and makes it harder for individuals to afford getting an education. She also brings up points on other ways we can combat wealth inequality such as increasing the minimum wage, adding progressive taxes, and spending more towards public education …show more content…

One of the things that they state is that the best advice for children who live in poor households is to try to acquire as much education as they can because it is their best chance to live better lives. Also mentioned in their article is that a great way to boost your skills and become more specialized is by getting an education. Furthermore, they state that there should be equal opportunity in acquiring an education as it is one’s own responsibility to continue down a path which will lead them to the life that they desire (Greenstein and

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