Table 5.
Wealth gaps in education: Rates and 95 % confidence intervals (CI)
| High School Graduation | College Attendance | College Degree | College Degree | Attendance | |||||
|---|---|---|---|---|---|---|---|---|
|
| ||||||||
| Rate | 95 % CI | Rate | 95 % CI | Rate | 95 % CI | Rate | 95 % CI | |
| Net Worth Quintile | ||||||||
| Lowest | 0.7283 | (0.6947, 0.7620) | 0.2138 | (0.1805, 0.2471) | 0.0912 | (0.0667, 0.1157) | 0.2144 | (0.1603, 0.2685) |
| 2nd | 0.7836 | (0.7508, 0.8165) | 0.3009 | (0.2660, 0.3359) | 0.1411 | (0.1122, 0.1701) | 0.2839 | (0.2316, 0.3363) |
| 3rd | 0.8598 | (0.8319, 0.8876) | 0.3867 | (0.3486, 0.4247) | 0.2235 | (0.1892, 0.2578) | 0.3574 | (0.3077, 0.4072) |
| 4th | 0.8923 | (0.8682, 0.9165) | 0.4887 | (0.4494, 0.5280) | 0.3643 | (0.3246, 0.4039) | 0.4808 | (0.4334, 0.5282) |
| Highest | 0.9113 | (0.8887, 0.9338) | 0.5352 | (0.4956, 0.5748) | 0.5372 | (0.4948 0.5796) | 0.6408 | (0.5960 0.6856) |
| Home Value Quintile | ||||||||
| Lowest | 0.7479 | (0.7199, 0.7759) | 0.2644 | (0.2349, 0.2939) | 0.1210 | (0.0978, 0.1442) | 0.2532 | (0.2083, 0.2980) |
| 2nd | 0.7840 | (0.7395, 0.8286) | 0.2394 | (0.1946, 0.2842) | 0.0805 | (0.0503, 0.1107) | 0.1987 | (0.1293, 0.2680) |
| 3rd | 0.8623 | (0.8362, 0.8884) | 0.3750 | (0.3381, 0.4118) | 0.2103 | (0.1776, 0.2430) | 0.3439 | (0.2955, 0.3923) |
| 4th | 0.9004 | (0.8769, 0.9239) | 0.4783 | (0.4394, 0.5172) | 0.3861 | (0.3456, 0.4266) | 0.5021 | (0.4550, 0.5493) |
| Highest | 0.8993 | (0.8754, 0.9233) | 0.5605 | (0.5206, 0.6003) | 0.5505 | (0.5080, 0.5929) | 0.6436 | (0.5990, 0.6883) |
| Home Equity Quintile | ||||||||
| Lowest | 0.7561 | (0.7297, 0.7825) | 0.2728 | (0.2444, 0.3012) | 0.1275 | (0.1050, 0.1499) | 0.2620 | (0.2194, 0.3046) |
| 2nd | 0.8383 | (0.7943, 0.8824) | 0.3135 | (0.2558, 0.3712) | 0.1654 | (0.1157, 0.2151) | 0.3379 | (0.2484, 0.4274) |
| 3rd | 0.8464 | (0.8183, 0.8744) | 0.3765 | (0.3394, 0.4135) | 0.2122 | (0.1793, 0.2451) | 0.3460 | (0.2976, 0.3944) |
| 4th | 0.8915 | (0.8673, 0.9157) | 0.4514 | (0.4132, 0.4895) | 0.3592 | (0.3200, 0.3985) | 0.4915 | (0.4438, 0.5391) |
| Highest | 0.8937 | (0.8688, 0.9186) | 0.5375 | (0.4971, 0.5780) | 0.5203 | (0.4773, 0.5633) | 0.6271 | (0.5810, 0.6732) |
| Financial Assets Quintile | ||||||||
| Lowest | 0.7094 | (0.6745, 0.7444) | 0.1901 | (0.1599, 0.2203) | 0.0726 | (0.0517, 0.0934) | 0.2037 | (0.1490, 0.2584) |
| 2nd | 0.7875 | (0.7553, 0.8196) | 0.3129 | (0.2773, 0.3484) | 0.1447 | (0.1153, 0.1742) | 0.2722 | (0.2215, 0.3229) |
| 3rd | 0.8618 | (0.8349, 0.8887) | 0.3957 | (0.3567, 0.4347) | 0.2597 | (0.2225, 0.2968) | 0.3655 | (0.3168, 0.4142) |
| 4th | 0.9132 | (0.8910, 0.9355) | 0.5058 | (0.4664, 0.5452) | 0.3820 | (0.3416, 0.4225) | 0.5064 | (0.4587 0.5541) |
| Highest | 0.9080 | (0.8855, 0.9304) | 0.5258 | (0.4865, 0.5651) | 0.5085 | (0.4664, 0.5507) | 0.6270 | (0.5814, 0.6726) |