Meager Wages In African Americans

However, the MET’s low minimum deposit requirements complicate such stimuli as families cannot save enough minimum wages to pay for college. Under the current system, most working-class families do not make enough money to pay for college. Non-college graduate families of all races make a national average of $36,523 annually, which is merely 150% of the federal poverty line for a household of four. Given these statistics, it should not be difficult to understand that working-class families have no choice but to immediately spend the meager wages they earn by “tomorrow” to survive. Therefore, such families have little disposable income available to deposit into MET accounts. When, for instance, the non-college educated working parents of a family