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People in poverty are struggling to finish college

Students graduating at Harvard Business school. Photo: Rick Friedman/rickfriedman.com/Corbis via Getty Images

More students than ever from both rich and poor socioeconomic backgrounds are attending college out of high school, reports the New York Times. However, a new study in the journal Demography reveals that the gap between rich and poor graduates continues to grow wider with only 11.8% of children born in the 1980's from poor backgrounds actually graduating.

Why it matters: Hourly wages for those with Bachelor's degrees has risen over $30 since 2015, according to the study, while those who haven't completed college have an hourly wage below $20 on average.

By the numbers:

  • Wages for people who haven't finished college have decreased by 2% since 2000, per the economic policy institute.
  • Wages for college graduates have increased by 6% in that same timespan.
  • The wealthiest people in the country born in the 1980's have a graduation rate of 60.1%

Go deeper: Many states have cut university funding, causing schools to enroll less poor and middle class students.

Go deeper

Margaret Harding McGill, Sara Fischer
5 hours ago - Technology

Tech scrambles to derail inauguration threats

Illustration: Sarah Grillo/Axios

Tech companies are sharing more information with law enforcement in a frantic effort to prevent violence around the inauguration, after the government was caught flat-footed by the Capitol siege.

Between the lines: Tech knows it will be held accountable for any further violence that turns out to have been planned online if it doesn't act to stop it.

Go deeper (2 min. read)Arrow
Dave Lawler, author of World
5 hours ago - World

Uganda's election: Museveni declared winner, Wine claims fraud

Wine rejected the official results of the election. Photo: Sumy Sadruni/AFP via Getty

Yoweri Museveni was declared the winner of a sixth presidential term on Saturday, with official results giving him 59% to 35% for Bobi Wine, the singer-turned-opposition leader.

Why it matters: This announcement was predictable, as the election was neither free nor fair and Museveni had no intention of surrendering power after 35 years. But Wine — who posed a strong challenged to Museveni, particularly in urban areas, and was beaten and arrested during the campaign — has said he will present evidence of fraud. The big question is whether he will mobilize mass resistance in the streets.

Go deeper (<1 min. read)Arrow
Jonathan Swan, Zachary Basu
5 hours ago - Politics & Policy
Off the Rails

Episode 1: A premeditated lie lit the fire

Photo illustration: Sarah Grillo/Axios. Photo: Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 1: Trump’s refusal to believe the election results was premeditated. He had heard about the “red mirage” — the likelihood that early vote counts would tip more Republican than the final tallies — and he decided to exploit it.

"Jared, you call the Murdochs! Jason, you call Sammon and Hemmer!”

Go deeper (6 min. read)Arrow