Benefits Of Raising The Minimum Wage Essay

1905 Words Dec 1st, 2014 8 Pages
According to the United States Census Bureau, the official poverty rate last year in the United States was fourteen and a half percent [1]. Poverty is a huge problem in America. Many people believe that raising the minimum wage is the best solution to poverty. But actually, the gateway to ending poverty is through education. These days, millions of Americans live on paycheck-to-paycheck. Living paycheck-to-paycheck is defined as being unable to meet financial obligations if unemployed because his or her salary is predominantly devoted to expenses (“Paycheck-To-Paycheck”) [5]. Therefore to live a comfortable life, a person needs these three key contributing factors. A college degree, a support group, and proper budgeting are the three key contributing factors to ending poverty. Around the United States there are millions of people who live in poverty. Poverty is defined as the state of having little or no money, goods, or means of support (Dictionary) [6]. People live in poverty because they lack the three contributing factors. Lacking the right support can lead to dropping out of school and having children at an early age which in turn increase the chances of long-term poverty. Most people drop out of school because they do not receive the support that they need to encourage the person to achieve success. This is a big problem because most work forces require some sort of college education. When a person cannot find a job they become unmotivated and their social economic…

Related Documents