About six years ago I remember reading an article by demographer Steve Murdock that suggested about the United States would be facing an educational crisis if, as a nation, we failed to educate ALL of our population.
Minority students who do get through high school face even greater obstacles in earning a bachelor’s degree. Because many come from low-income families, they have been hit especially hard by the shift in student financial aid policy away from need-based grants toward loans and merit scholarships that favor the middle class. So just 10% of students from the bottom quartile of family income brackets earn a BA by the time they’re 24, …vs. 81% of those from the top quartile.
Fast forward to 2011, it seems like unheeded advice – via an interview with NewsTaco:
It’s clear that Murdock believes education is the answer to our future here. His empirical evidence doesn’t only serve to counter argue those in disbelief about how current trends will show a change in our nation, but the evidence serves to bring new light to the way we are solving our issues. It supports the value of creating a new model for education, job creation and law reforms through businesses, and the changing cultural views of race and perspectives, of those that view our markets as an opportunity to take action for their dreams.