The Springfield News-Leader – Dana Carroll
“I recently had the privilege of presenting information about how early childhood education is a predictor of wealth accumulation. That might seem like a stretch to many people; however, there is a strong correlation between education and money. More education leads to more money. The Federal Reserve Bank’s Ray Boshara reported on their essay, “The Demographics of Wealth: How Age, Education and Race Separate Thrivers from Strugglers in Today’s Economy.” He made the link between more education and more wealth with a bachelor’s degree plus being the best indicator of increasing wealth. However, that doesn’t mean that education will guarantee more wealth. It is true that several other factors, including grit, self-control and determination, are all key in building wealth.”(more)