Children from Low-Income Backgrounds Need Family Support to Succeed

Garad Nor is the CEO and president of Banana Pay, LLC, a money transfer service company catering specifically to people around the world who struggle with high fees for remittance payments. Outside of his professional life, Garad Nor enjoys engaging in volunteer philanthropic work within his community, with a particular interest in activities which benefit families from low-income backgrounds.

One thing that many people forget to consider about families from low-income backgrounds is the effect growing up in poverty has on the children of this particular group. According to the nonprofit DoSomething.org, children from low-income backgrounds are likely to have a higher number of school absences, are less likely to graduate from high school, and are less likely to be performing at their actual grade’s level of academic competency.

Though the causes of these academic struggles among students from low-income backgrounds are dependent on several factors, the fact remains that students who underperform in school or fail to graduate from high school are more likely to struggle with poverty themselves in adulthood. In their youth, they may lack stability in their homes, have language barriers that prevent them from equal access to local education, or lack academic support due to the fact that their own parents also come from a low-income background and may not have completed schooling themselves.

Because of these facts, it’s important to note that to support students from low-income backgrounds and improve their hope of a better future, concerned parties must support programs for low-income families as a whole. It is only possible to support the academic and future potential of children from low-income backgrounds if their families receive social benefits which help create home environments which support achievement.