Rich people 8 times more likely to graduate college than poor

[KamaAina]

No, it's not from DUH! magazine. It is lovely, though, to be able to link to the Las Vegas Review-Journal without fear of execution.

http://www.reviewjournal.com/news/education/rich-people-8-times-more-likely-graduate-college-poor

The massive gap in college graduation rates between rich and and poor is growing even wider.

Some 77% of students from wealthy families earned bachelor’s degrees by age 24 in 2013, compared to only 9% of those from poor families, a new report has found....

This gap in college graduation rates between rich and poor is contributing to the “growing divide between the ‘haves’ and the ‘have-nots,’” the report said.

Those with college degrees tend to have higher earnings, lower unemployment rates and poverty levels, better health and longer lives. Society as a whole also benefits from higher graduation rates since the tax base increases and dependence on government assistance decreases.

[merrily]

1. Duh? My FIL, the eldest of 14 siblings, had to quit high school to help his parents support the

family. Joe, Jack, Bobby and Ted Kennedy also came from a big family, but didn't have that burden.

Rich people even have a much easier time getting admitted to college than do poor people.

[KamaAina]

2. Hence, the Duh!

Richies have so many advantages, like access to Kaplan-style tutoring, for instance.

[merrily]

3. from both of us.

Legacy admissions, too. Also, contacts that poor people tend no to have. Not to mention lives that are probably culturally richer from the jump. Etc., etc., etc.

[FLPanhandle]

4. "The study defines the wealthy as having family incomes above $108,650"

I hardly think a combined family income of $108K is "wealthy".

Middle class to Upper Middle class maybe.