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Can't be bothered to read the article, indeed. When you read about those gaps, you might assume that they mostly have to do with ability. Rich kids do better o
by Agathos 12y ago
Can't be bothered to read the article, indeed.
When you read about those gaps, you might assume that they mostly have to do with ability. Rich kids do better on the SAT, so of course they do better in college. But ability turns out to be a relatively minor factor behind this divide. If you compare college students with the same standardized-test scores who come from different family backgrounds, you find that their educational outcomes reflect their parents’ income, not their test scores.
- watwut 12y agoRisk reward ratio is entirely different when you are poor and when you are rich. If you are from super rich family, failure to finish university is no big deal. If you are poor, had to take ton of debt, failure to finish makes your life sux for years to come.