Income Inequality In America

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Introduction.
Income inequality is a major problem in America today due to the lack of education and health care issues that surrounds many within our society. These issues have caused many concerns especially among African Americans. People of color often make lower wages based on their lack of education and race. Statics show that white and Asian Americans, who have the highest median incomes are concentrated more in professional, executive, and managerial occupations than African American. Poor choices in jobs could be a major factor. Another factor is that due to the high cost of insurance those who make and lower, wages that are received from their employer, racial discrimination, education, gender discrimination and rising health care
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It also states that you can be anything become anything with hard work, education and perseverance in America but is it true. this is the American dream that we believe in but we see another factor that is at the forefront of income inequality and that is lack of education and health care issues in the midst of our nation. Statics show that white and Asian Americans, who have the highest median incomes are concentrated more in professional, executive, and managerial occupations than African American. These are those who typically pursue a higher education and go to receive a bachelor’s degree or Masters degrees or even a trade. It is reported that 33% of blacks earned a two-year degree in college in 2015 while Latinos 23% and whites 47%. The results are alarming and the gap continues to widen it shows that in most states it has doubled. Who’s at fault? With the cut of federal funding and high interest rates it is becoming more difficult for low income families to be able to afford college tuitions. To help add to the problem banks and other lending institutions overcharge them based on their color and gender. This has greatly affected low income families who often accept white collar jobs that pay less money than …show more content…
Some say that it is because of the choices that they make, while others say that it is because they don’t further their education in achieving a higher degree how much of this is true. According to an article "Tough times for many recent college graduates" came these dispiriting stats: Two years after graduation, the median hourly wage for two-year degree holders was $16.35. For four-year-degree workers, it was $19.30. By comparison, DEED analyst Cameron Macht noted, the hourly full-time wage needed to provide a minimal standard of living to a "partnered" adult with one child is $19.37. For a single parent with one child in Hennepin County, it 's $25.31, according to DEED 's cost-of-living calculator at www.mn.gov/deed(2015, February 25. Statistics show that even though college graduates can have the same degrees some make more than others causes us to believe that there is racism among women and men of all colors. People of color often make lower wages based on their lack of education and race. Statics show that white and Asian Americans, who have the highest median incomes are concentrated more in professional, executive, and managerial occupations than African American. Poor choices in jobs could be a major factor Many under graduates take what is known as white collar jobs that

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