7 Reasons Why It’s So Hard to Escape Poverty
The Paradox Of Poverty
Escape poverty? It sounds impossible, doesn’t it? Sure, you can give someone enough money to get by, but once you’re in the cycle of poverty, it’s much harder to break out of it and begin creating wealth. Why does this have to be so difficult? In this article, we look at seven reasons why escaping poverty can be such a struggle.
Poverty Can Be Inherited
The wealthiest Americans tend to live into their 80s and 90s. The poorest die in their 50s and 60s. That’s not only because poor people experience significantly higher rates of disease; it’s also because poverty can be inherited. The key predictor of economic mobility is education, followed by family structure, Putnam writes. People who were born into a low-income household are much less likely to earn more as adults than those who were born into wealthier families, and that pattern is most pronounced for African Americans, who make up one-third of all poor children in America but just 15 percent of students at selective colleges and universities.
Poor Education
A Harvard study found that students who grew up in wealthier neighborhoods not only attended better schools but also earned significantly higher grades than their peers from poorer areas. One reason for this is that…
