250 likes | 598 Views
Inequality in Education. Susan Dynarski, University of Michigan Ford School of Public Policy School of Education Department of Economics. Rising Education Levels. Source: Bailey & Dynarski (2011). Inequality in Educational Attainment is Rising. Uneven Gains.
E N D
Inequality in Education Susan Dynarski, University of Michigan Ford School of Public Policy School of Education Department of Economics
Rising Education Levels Source: Bailey & Dynarski (2011)
Uneven Gains Source: Bailey & Dynarski (2011)
Earnings by Education Over Time Source: College Board, Education Pays
Unemployment Drops with Education Source: College Board, Education Pays
Health Insurance Coverage Rises with Education Source: College Board, Education Pays
Tuition Prices Have More Than Tripled Source: College Board, Trends in College Pricing
Net Prices Have Risen More Slowly Source: College Board, Trends in College Pricing
Net Price Down Source: College Board, Trends in College Pricing
Debt Burden Flat for Public BAs Source: College Board, Trends in Student Aid
Is $20,000 Too Much Debt?Public BA Recipients Average new car loan: $27,000 Monthly payment (5 years, 4.75%): $506 Source: Author’s calculations; student loan data from Trends in Student Aid; car loan data from Federal Reserve (http://www.federalreserve.gov/releases/g19/hist/cc_hist_tc.html ).
Student Loans: Borrowing Against Future Gains Source: Education Pays
Sources • Martha Bailey and Susan Dynarski (2011), “Inequality in Postsecondary Education,” in Whither Opportunity? Rising Inequality and the Uncertain Life Chances of Low-Income Children, edited by Greg J. Duncan and Richard J. Murnane. • College BoardEducation Pays • College BoardTrends in College Pricing • College BoardTrends in Student Aid • Piketty, Thomas, Emmanuel Saez, and Stefanie Stantcheva (2011), Taxing the 1%: Why the top tax rate could be over 80%. Vox, December. • Board of Governors of Federal Reserve System (2012). Consumer Credit G-19, Historical Series.