Household income impacts on children’s prospects, report finds – Telegraph.co.uk

“It’s very well established that children from lower income households do worse in many ways than children from households with more income,” said Kitty Stewart, Associate Professor at the Centre for Analysis of Social Exclusion at LSE.

Reasons for this have previously been disputed, Stewart said. Parents from higher income households might be more educated, and take a closer interest in their children’s homework.

However, the new report suggests that financial security plays an important role in a child’s cognitive ability and attainment.

“We can now confidently say that money itself matters and needs to be taken into account if we want to improve children’s outcomes,” said Kerris Cooper, who co-authored the report with Stewart.

“We often focus on gaps at school – but what the evidence shows is that money doesn’t only make a difference to children’s cognitive outcomes, it also makes a difference to their physical health, to birth weight, and to social and behavioural development.”

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