We divided social mobility into four categories,salary, unemployment, housing, and occupation. We measure the social mobility of people with different education with the four categories.
Salary
The initial monthly salary of the tertiary education graduates and secondary graduates are similar. But only some of the university graduates can earn generally more them. However, this kind of difference was further enlarged and the earning ability of the tertiary education graduates is slightly better than that of the secondary school graduates. This is in line with the findings of 2015 Study of Earning Mobility ( the University of Hong Kong and the Hong Kong government. From the statistic of Census and Statistics Department in 2006, the normal
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The degree holders have the lowest unemployment rate (2.9%).
This can be explained by the recognition of the tertiary education other than degree. From the statistics of the Consumer Search Hong Kong limited, the employers rated a higher score for the degree graduates than the sub-degree graduates. Labor market of Hong Kong is another factor. Lee and Lam (1994) projected that there will be surplus in postgraduate and sub-degree holder. The market of Hong Kong cannot employ the number of tertiary education graduates. As they may not qualify in obtaining jobs require degree education. They thus either work for the job required secondary education only or need to further their study. Tertiary education may harm one’s social mobility if one failed in finding a job. Moreover, the mean of the interviewees of agreeing whether education can equip students with professional skills and knowledge necessary for future employment is the lowest among the tertiary education graduates (3.4). We can see that tertiary education may not be effective in promoting social mobility. However, the overall effectiveness of tertiary education in promoting social mobility may depend on whether one can find a
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From the report of New Forum and New Youth Forum in 2015, the percentage of youth in this decade is four times more than that of fifty years ago. The increase of supply of the higher education graduates lowers their average wage. Furthermore, the rate of increase in jobs required higher education attainment is lagging behind, forcing more university graduates to engage in low-skill jobs, which can hardly promote social mobility. Consequently, the university education may not be successful in promoting social mobility as the graduates may be forced to take up the low-skill and low-paid job that do not promote social mobility very much. Or we can say that social mobility can be promoted through once the graduates can engage in the high-skilled and high-paid
When college attainment improves, the tax base increases, reliance on social welfare programs declines, and civic and political engagement increases” (White). Even though it may seem obvious, in most cases it truly is very important to have a degree to be able to become successful. Despite some arguing against this, it comes down to the basics. A degree from higher education automatically gives that person an advantage in life. Whether it helps with job applications, housing, or just relief from worrying about money, an education is not just beneficial but becoming almost a necessity.
Throughout his article, he speaks about education. “The Upside of Income Inequality” makes two basic points to support the conclusion noted in the title of the article. First, the correlations between educationa and income; that the value of a college education has risen as income inequality has risen. And second, that therefore the rate of Americans who attend college has increased. The article provides multiple graphs that correlate different principles with education and income.
The author Lane Kensworthy uses a variety of different primary and secondary documents to get the information for this article. The author uses data from the panel study of income dynamics, social scientists, historical trends, research from sociologists, education policy experts, organization for economic cooperation and development, and economic adviser. In the article, she uses lot of percentages, rates of change and other quantitative data that prove that success depends on the individual and their circumstances. Using this numerical data, it shows that some differences in a person and their family can be a key component in the opportunities they get and their overall
By today’s standards most of us may not even be middleclass any more. As Mr. Bienen, pointed out, attending college correlates to earning more in one’s lifetime. Thus, it is necessary for most students to graduate from college and obtain a good paying job so that they can once again live a middleclass lifestyle in this
College graduates are more likely to rise from the income ladder than those who haven’t finished or chosen to go to college. But, “economic mobility in the United States is now below that of most developed countries, suggesting the American Dream is becoming a myth” (Matthews 2017). Jobs that are demanding skills needed are slowly disappearing, which cuts down the opportunities given to those without an education after high school. However, Mobility Report Cards: The Role of Colleges in Intergenerational Mobility proves otherwise. Students who are less fortunate financially and are accepted into elite schools benefit the same as rich students.
These employers are willing to pay for citizens with college degrees. Carnevale introduces higher pay to college graduates. As a result, jobs that do not require a college degree will pay postsecondary educated workers more money than high school graduates. Carnevale explains a college degree usually leads to higher income and adding new college graduates will stop the rise of income inequality. It is clear to the readers that college graduates have the biggest advantage to thrive in a competitive
Education: “Higher Education was the privilege of the few, and even upper secondary education was denied to the majority of young people in many countries” (“Fifty Years”). “Today, the great majority of the population completes secondary education. One in three young adults has a tertiary degree” (“Fifty Years”). The importance of education has increased over the years, and has become a number-one priority and/ or main focus moreso today than in the 1960s. Due to this increase, there have been more people attending college, and more opportunities have come out of this better education.
There is many people that go to college, but because of the cost they don't get through college. The elevated costs of college cause not only students to struggle paying for college, but also to struggle financially paying for college when they are done. In many cases, after graduating, young adults who don’t find a job will become poorer, increasing the gap between the rich and the
Selingo mentions in the article that a bachelor’s degree is seen to be the ticket for a good job such as a high school diploma was 40 years ago. The type of facts and opinions used in the article are supported by statistical data from credible sources such as Gallup-Purdue Index and the Federal Reserve Bank of New York. The opinion stated in this article only focuses on the negative overcomes that a higher education has on college graduates. The tone of the article was informative, but strongly negative towards a bachelor’s degree causing students to overthink of accomplishing a higher education. The article was presented with a huge amount of bias towards higher education.
Delbanco explains how students have changed their reasons for attending a college when he states, “...yet on the assumption that immersing themselves in learning for the sheer joy of it, with the aim of deepening their understanding of culture, nature, and, ultimately, themselves, is a vain indulgence” (222). Secondary education has become too expensive for learning to be an indulgence. Students only go to college to get a degree in order to gain a high paying career. Davidson explains how dire the situation with low paying job is by saying how the process should work, “Only through productivity growth can the average quality of human life improve” (339). Unfortunately, the productivity growth only leaves a bigger pay gap.
Is College Worth the Cost? Life’s success is achieved in different ways. (Director, n.d.) A lot of television programs and magazines instills the idea in us that being successful means; having a fulfilling career, having a lot of money and being powerful. Most religious and spiritual organizations, in contrast, claim that success means being at peace with God and finding spiritual happiness.
Although a degree is not essential for those looking to work in the more hands on fields of work, such being a plumber or an electrician, degree holders can look to not only make more, but to also fulfill more brain satisfying tasks in more intellectual fields of work. Even with that in consideration, a degree can help those that work in fields where holding a degree is not commonplace. “Construction workers, police officers, retail salespeople and secretaries, among others, make significantly more with a degree than without one.” (Leonhardt)
For the century, people have considered that education is most profitable speculations in culture and more benefits to gain. The early history of United State many people did not attend college. In the old day, college was not necessary to attend for everyone and get a degree have a stable career. However, because of technological advance, economic growth and ever-growing competition in the job market it becomes compulsory to attend college after high school. After technology advance and economy growth, it required a college degree to become middle class in United State.
The social class position of a family can be stratified by the access to resources, the access to social respect and the access to some freedom. Although people cannot choose to be born in which family background, we have chances to move around class in this volatile class system. My family has experienced a downward mobility in social class position, from working class to working poor due to the unexpected death of my father. I determined my family as these positions according to the followed factors.
In order to support these claims, I will discuss the characterisitcs of social moblity, while providing the necessary examples. Social Mobility On the topic of social classes, the question of social progression ought to rise: is it possible for people to move within a society 's stratification organization? In other words, is there some possibility of social mobility, or the improvement from one social level to another?