Posted on 09/30/2014 1:14:20 PM PDT by Olog-hai
Education is supposed to help bridge the gap between the wealthiest people and everyone else. [ ]
Wealthier parents have been stepping up education spending so aggressively that theyre widening the nations wealth gap. When the Great Recession struck in late 2007 and squeezed most family budgets, the top 10 percent of earnerswith incomes averaging $253,146went 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 yearsand 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 theyre easily able to spend more on their kids, Kornrich said.
(Excerpt) Read more at hosted.ap.org ...
What about all that fairness doctrine and equality issues that lefties always use to bring up? I guess when it’s THEIR guys holding the lion’s share of the loot those rules don’t apply eh?
Is this a negative?
Read that again. I'll wait.....
This might be the stupidest statement ever recorded in print. Let me show you...
"People at the top just have so much income now that theyre easily able to spend more on... bananas, toilet paper, jewelry, automobiles, houses, etc."
wow!
Obama: Friend of the 1%
It’s not fair that some people choose to spend their money investing in their children’s education instead of on Air Jodans and Escalades.
There is a private school in Brentwood, TN that costs $38,000 per year to attend. I cannot imagine paying $38k to send my child to kindergarten.
“There is a private school in Brentwood, TN that costs $38,000 per year to attend.”
—
Astonishing.
The parents get lots of bragging rights though.
That’s really what it is all about.
.
Hmmmm I wonder if the Journ-O-List took into account that the “elite, private colleges” that the “rich” tend to favor also doubled down on their tuitions and fees? Thus, increasing the “spending” without really adding value to the education?
Might challenge the “journalist’s” premise ?
Over 15 years ago I was spending close to 5 grand apiece for my two kids to go to private grade school. I’m not rich. It was just a good investment. In them.
Maybe the author would like rich children to be required to play video games for at least 20 hours per week instead of studying to equalize opportunities.
Satire Harrison Bergeron is looking more and more real with this griping.
I call BS on that.
I have been to public schools and I have been to private schools. Every private school I have seen is far, far better.
Reason number 1. The kids parents, and the kids have a substantial investment in academic success.
Reason number 2. There is none of this nonsense about "constitutional rights" for students. I vividly remember one of my daughters friends who was suspended for a week because one of her teachers saw her smoking about a block from the school. You can bet her parents tanned her butt over that one.
Meanwhile over at the public school, the school can't stop the little cherubs from selling hard drugs from their lockers.
A $38k school is high, I agree, but it is teaching your kids how to be part of the top 0.1%. If you have the money, it is worth it.
I would have to question how much the cost of education went up before believing the article.
If you’re paying professors and extra 50 grand a year, that would be reflected in the tuition.
The “greed” of the educators may be making it impossible for the middle class to pay tuition.
>>There is a private school in Brentwood, TN that costs $38,000 per year to attend. I cannot imagine paying $38k to send my child to kindergarten.<<
I can’t help but think of the Trump kids. They have on many occasions said “we didn’t get any help from our Dad at all.”
The best K-8/9 schools, prep school, automatic admission to Wharton (Ivanka) and a guaranteed executive position in the Trump organization (where these pups had the audacity to challenge grown-ups on The Apprentice).
I don’t begrudge them their great lives — but it disgusts me they won’t admit their silver spoon.
I did come from poverty and graduated from Pepperdine University through hard work and stubbornness — some work-study, some scholarships, some loans which I paid off completely.
Sorry — touched a nerve I guess (/rant)
Sidwell Friends tuition: (exclusive of expenses such as transportation - provided for the Obama children by U.S. taxpayers through the Secret Service)
Lower School $35,264
Middle/Upper School $36,264
How about those paying for their kids food while others drive nice fancy vehicles, working for cash or from drugs but never pay for their children, and then many teachers feel sorry for the kid , and gives them a break more so than others.
People who choose to send their children to private school still have to support those who send their children to public school. Property taxes are unavoidable. In a sense, that gives the public school “educators” more money to waste.
of course they can pay for more, something like paying for their kids food while others do not, and then being forced to pay for others kids breakfast and lunch.
Yea, when you see someone raised in a mansion or Manhattan penthouse and going to the most exclusive schools around, claim that they didn’t get any help from daddy, implying they made it all on their own, you get a bit cynical.
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