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“Plenty,” sure. But not a majority or anything. The median family income in the US is something like 68kb

by borski 6y ago

colinmhayes 6y ago
What about the median income of people who attended college?
- borski 6y ago
  "For 25- to 34-year-olds who worked full time, year round in 2018, higher educational attainment was associated with higher median earnings. This pattern was consistent from 2000 through 2018. For example, in 2018 the median earnings of those with a master’s or higher degree ($65,000) were 19 percent higher than the earnings of those with a bachelor’s degree ($54,700), and the median earnings of those with a bachelor’s degree were 57 percent higher than the earnings of high school completers ($34,900)."[1] None of those median salaries put you in the 'wealthy' category. [1] https://nces.ed.gov/programs/coe/pdf/coe_cba.pdf https://nces.ed.gov/programs/coe/pdf/coe_cba.pdf
  - colinmhayes 6y ago
    Close, but still not the data we need. What schools are looking at it family income of the students which means the 25-34 range isn't going to cut it. No need to do further research as I agree with your premise, but I think the number of students who receive minimal aid and family help might be higher than you expect.
ApolloFortyNine 6y ago
Not too big a fan of screwing over children for their parents making too much money personally. There's no obligation for parents to pay for their kids education, yet the way the system is set up, you'd think there was.
- dragonwriter 6y ago
  > There's no obligation for parents to pay for their kids education There's no (as yet generally accepted) obligation for anyone else to pay for young adults higher education. Society has generally chosen to subsidize some costs for young people who seek such subsidy using formulas which assume that parents of means will also do so, but this does not reflect an obligation of parents to do so.

“Plenty,” sure. But not a majority or anything. The median family income in the US is something like 68kb

by borski 6y ago

“Plenty,” sure. But not a majority or anything. The median family income in the US is something like 68kb

colinmhayes 6y ago

What about the median income of people who attended college?

borski 6y ago
"For 25- to 34-year-olds who worked full time, year round in 2018, higher educational attainment was associated with higher median earnings. This pattern was consistent from 2000 through 2018. For example, in 2018 the median earnings of those with a master’s or higher degree ($65,000) were 19 percent higher than the earnings of those with a bachelor’s degree ($54,700), and the median earnings of those with a bachelor’s degree were 57 percent higher than the earnings of high school completers ($34,900)."[1] None of those median salaries put you in the 'wealthy' category. [1] https://nces.ed.gov/programs/coe/pdf/coe_cba.pdf https://nces.ed.gov/programs/coe/pdf/coe_cba.pdf
- colinmhayes 6y ago
  Close, but still not the data we need. What schools are looking at it family income of the students which means the 25-34 range isn't going to cut it. No need to do further research as I agree with your premise, but I think the number of students who receive minimal aid and family help might be higher than you expect.

ApolloFortyNine 6y ago

Not too big a fan of screwing over children for their parents making too much money personally. There's no obligation for parents to pay for their kids education, yet the way the system is set up, you'd think there was.

dragonwriter 6y ago
> There's no obligation for parents to pay for their kids education There's no (as yet generally accepted) obligation for anyone else to pay for young adults higher education. Society has generally chosen to subsidize some costs for young people who seek such subsidy using formulas which assume that parents of means will also do so, but this does not reflect an obligation of parents to do so.