New studies show that a quality education in America is now increasingly only available to the very rich. A study out of Stanford shows that the gap in standardized testing scores between rich students and low-income students has increased 40% since the 1960’s.
And another study out of the University of Michigan shows that gap between rich and low-income students when it comes to college completion – which is the single biggest factor when it comes to succeeding in the economy – has grown 50% since the 1980’s. As the New York Times reports, “The changes are tectonic, a result of social and economic processes unfolding over many decades.” Those social and economic processes are called Reagan, Clinton, and Bush-onomics.
In the last 30 years, thanks to the Reagan Tax Cuts, Clinton’s attack on welfare and embrace of Free Trade, and Bush’s Great Depression – our economy only benefits the very rich. And with public education budgets being slashed around the nation – and taxpayer dollars being diverted to for-profit schools – the one great equalizer in America – our education system is under attack.