Income Inequality Pros And Cons

Decent Essays
As women who are about to go to college then enter the work force, knowing about income inequality is very important. Women are a big victim of inequality and need to learn the cons and pros about the issue. According to the Organization for Economic Cooperation and Development (OECD), income inequality had "a negative and statistically significant impact" on economic growth and also effects education. From money.cnn.com, Americans born in the early 1960s, only 5% of poor people went to college and 35% of the rich did. But then in 1980, the rich people going to college jumped up 20% and for the poor people it only rose 3%. This furthered perpetuates the cycle of income inequality, as the number of middle class jobs favored more educated people.

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