Class Differences In Child-Rearing

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After reading “Class Differences in Child-Rearing Are on the Rise” by Claire Cain Miller, I realized that there are many aspects that go into socio-economic status. One thing that initially stood out to me within the article is that, “Poorer parents have less time and fewer resources to invest in their children, which can leave children less prepared for school and work, which leads to lower earnings” (Miller). This stood out to me because children have no decision on what family they are born into, and the fact that if they are born into a less privileged family then they are more likely to grow up to be poorer due to the lack of preparation for school and work that they obtained during childhood. Even though there are multiple parenting approaches, most parents want the best for their children, even if they can not give their children the most financial stability. After reading “The Dangerous Consequences of Growing Inequality” by Chuck Collins and Felice Yeskel, I found that the article to be very interesting and informative. Prior to reading this article, I did not know that health insurance rose over thirty percent, while people 's earnings only grew by ten percent. In addition to this, the article notes that there has been a rise in personal debt while there has been a decline in personal savings. One thing that distinctively stood out to…show more content…
Oliver and Thomas M. Shapiro discusses the inequalities in race and wealth. Something that I found very unfair and interesting was that, “ The poorest white applicant, according to this report, was more likely to get a mortgage loan approved than a black in the highest income bracket.” (Oliver & Shapiro). I do not believe that it is fair for a person to get approved when they are not financially qualified, but are white, when someone who is black and financially qualified is rejected. Race should not be a factor, however, financial qualifications should be a

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