Study finds educated children from poor households might not have bright futures
A study shows that when it comes to our socio-economic circumstances, 95 percent of children who come from poor households might still not be able to create a better life for themselves.
This is according to the first ever National Income Dynamic Study (NIDS).
The countrywide study was launched in 2008 and since then the team paid four separate visits to 28 000 people.
One of the principle investigators is Professor Murray Leibbrandt.
He explained that even though today's children have better access to education, this doesn't necessarily lead to higher salaries.
"We've made considerable progress in making sure that our children are better educated than their parents, considerably better educated. Hardly any of the young people today have less than 10 years of schooling and that is a great achievement. The problem with that is that it has not turned into income in the labour market," he said.