The Most Economically Diverse Top Colleges – NYTimes.com
Is it possible to become highly educated for leadership and citizenship without regular interaction with people from diverse economic backgrounds?
Education Spending by Affluent Widening Wealth Gap – Higher Education
“Wealthier parents have been stepping up education spending so aggressively that they’re widening the nation’s wealth gap. When the Great Recession struck in late 2007 and squeezed most family budgets, the top 10 percent of earners ― with incomes averaging $253,146 ― went in a different direction: They doubled down on their kids’ futures.
Their average education spending per child jumped 35 percent to $5,210 a year during the recession compared with the two preceding years ― and they sustained that faster pace through the recovery. For the remaining 90 percent of households, such spending averaged around a flat $1,000, according to research by Emory University sociologist Sabino Kornrich.
“People at the top just have so much income now that they’re easily able to spend more on their kids,” Kornrich said.”