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On the 2008 test, female students continued to have higher average reading scores than male students at all three ages. The gap between male and female 4th graders was 7 points in 2008. By 12th grade, there was an 11-point gap between males and females. [11]
Over the past 40 years the gap in graduation rates for wealthy students and low-income students has widened significantly. 77% of the wealthiest quartile of students obtained undergraduate degrees by age 24 in 2013, up from 40% in 1970. 9% of the least affluent quartile obtained degrees by the same age in 2013, up from 6% in 1970. [125]
It has been shown that the socioeconomic status of the family has a large correlation with both the academic achievement and attainment of the student. "The income deficits for inner-city students is approximately $14,000 per year and $10,000 per year for the families of those living in the respective areas compared to the average income of ...
If a student has a high SAT score and a low family income, they will receive larger institutional need-based grants than a student with a low family income that has low SAT scores. In 1996, public higher education institutions gave students with high SAT scores and a low family income $1,255 in need-based grants.
Percentile Group. 25th Percentile. 50th Percentile. 75th Percentile. 90th Percentile. 99th Percentile. Income Range. $31,346 to $43,236. $62,693 to $79,987. $115,658 ...
The average American is a millionaire with a six-figure income, but those numbers are misleading.
Graduates (without post-secondary) earned an average of $621 per week, whereas dropout students earned an average of $551 (Gilmore, 2010). Even though dropout rates have gone down in the last 20 to 25 years, the concerns of the impact dropping out has on the labour market are very real (Gilmore, 2010).
Both median and mean net worth rose for all age groups, according to the report, though the largest growth came from the under-35 crowd, who “saw their median and mean net worth more than double ...