Impact of Socio Economic Condition on Academic Achievement of Students Introduction
Education provides individual children with the knowledge and skills necessary to advance themselves and their nation economically. Socioeconomic factors, such as family income level, parents' level of education, race and gender, all influence the quality and availability of education as well as the ability of education to improve life circumstances. (Jennifer, 2005). A person’s education is closely linked to their life chances, income, and well being. Therefore, it is important to have a clear understanding of what benefits or hinders one’s educational attainment (Barry 2005). Socioeconomic status (SES) is often measured as a combination of education, income, and occupation. It is commonly conceptualized as the social standing or class of an individual or group. When viewed through a social class lens, privilege, power, and control are emphasized. Understanding the effects of socioeconomic status on academic performance is important in determining effective and valid testing for students. Determining the correlation between these two variables is important for all educators to understand, so that all students can achieve to their academic potential. Finding the correlation between academic performance and socioeconomic status can assist educators in determining instructional strategies that best fit each individual student (Brent, 2009). The issue of socioeconomic status and its relationship in the academic performance creates an emerging study in academic research. The link between the economic status of the family and its influence in the student’s pursuance for education is one of the issues that the educators are attempting to address. In public institutions all levels of students are getting chance to study according to their merit. After getting the scope to study in public universities, it is not a very easy task for all students to carry on their studies in present circumstances. According to statistical reports 23-25% students of public universities are come from those families which are living below the poverty line (Dr. Abdul Hai, 2009). Problem Statement
The level of family income, what level of income a family is in, has the potential to influence a child's ability to perform from one extreme to the other. Parents with higher status often have more opportunities in preparing their young children for school because they typically have access to a wide range of resources in contrast to parents with lack of financial and social status. Parents with inadequate resources and limited access can negatively affect their young children’s development in learning (Eamon, 2005). In the other developing country, like Bangladesh which is a populous country, socio-economic status of a family is usually linked with the family’s income, parent’s educational level, parent’s occupation and the social status of other relatives. This logic is said to create great parental influences on the student’s university performance (Okafor, 2007). The university effectiveness is also addressed in the determining the outcome of the students. This justification motivated to investigate the socio-economic condition of the parents and its impact on their children’s’ academic achievements in Department of Business Administration Literature Review
We know that the link between a child’s socio-economic status (SES) and school achievement is real; it is a very tight link as such things go, and the link has existed for decades (Grant, 2005). The level of family income, what level of income a family is in, has the potential to influence a child's ability to perform from one extreme to the other. If a parent is financially able to clothe, feed and entertain their children it appears they should have all the support they would need to score well on exams. However on the flip side, if parents are not financially able to support their children...