Click on chart to enlarge.
It used to be that everyone thought -- assumed/wished? -- that education was the great income inequality-reducer.
Then reform critics and others came along and pointed out that there were lots of non-school factors (parents' education level and income) that made as much or more of a difference, and that we shouldn't put all our hopes on schools to do any magic.
Now, Michigan State researchers have issued a study written up by the Hechinger Report showing that US schools actually exacerbate the growing achievement gap between rich and poor (largely by teaching them very different material). "The researchers calculated that this educational content difference accounts for a third of the achievement gap, on average."
The good news is that US is only about average when it comes to this unwanted effect, and that there are other countries out there that deliver a more equitable academic program to poor kids that we can try to learn from.
Graphic via Hechinger Report and MSU.