Firstly, we need to question, how much does parental income affect children’s outcomes? There was a study which was researched by Susan E. Mayer with regard to that issue. The research goes beyond simple analysis of the correlation between parental income and children’s outcome, it opened with an examination of theoretical perspectives that hypothesize why parental income might affect children’s outcomes as well as discussing a range of methodological issues that challenge researchers in this field. As I quote from her report, she said that “Parental income is positively correlated with virtually every dimension of children well-being that social scientists measure, and this is true in every country. The children of rich parents are healthier,
