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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (632864)11/1/2011 11:54:57 AM
From: Rarebird  Read Replies (2) | Respond to of 1577883
 
<<NY's Disappearing Millionaires

Rarebird's client class is in decline .>>

Wrong again, as usual. Those who hire tutors tend to be educational fanatics and want the best for their children. That is to say, the tutoring business translates across all class levels.

Try to get out more often Brumar and look at the world from a non-governmental point of view.

As a political pig, you miss out on many truths and just look at the world from a narrow lens. But I assume you are comfortable with that.

Bless Humanity.



To: Brumar89 who wrote (632864)11/1/2011 6:44:51 PM
From: J_F_Shepard  Read Replies (2) | Respond to of 1577883
 
"Now the average college graduate makes more than 75 percent more than non-college graduates..."

David Brooks

Then there is what you might call Red Inequality. This is the kind experienced in Scranton, Des Moines, Naperville, Macon, Fresno, and almost everywhere else. In these places, the crucial inequality is not between the top 1 percent and the bottom 99 percent. It’s between those with a college degree and those without. Over the past several decades, the economic benefits of education have steadily risen. In 1979, the average college graduate made 38 percent more than the average high school graduate, according to the Fed chairman, Ben Bernanke. Now the average college graduate makes more than 75 percent more.

Moreover, college graduates have become good at passing down advantages to their children. If you are born with parents who are college graduates, your odds of getting through college are excellent. If you are born to high school grads, your odds are terrible.

In fact, the income differentials understate the chasm between college and high school grads. In the 1970s, high school and college grads had very similar family structures. Today, college grads are much more likely to get married, they are much less likely to get divorced and they are much, much less likely to have a child out of wedlock.

Today, college grads are much less likely to smoke than high school grads, they are less likely to be obese, they are more likely to be active in their communities, they have much more social trust, they speak many more words to their children at home. (more in full column)

nytimes.com