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While, Belonging to strong financial background, parents can provide latest technologies and facilities in a best possible way to enhance educational capability of their children as well as they provide good education facilities also. Socioeconomic status is an economic and sociological combined total measure of a person’s work experience and of an individual’s or family’s economic and social position relative to others, based on income and education, and occupation (Marmot, Michael, 2004) indicates When analyzing a family’s social economic status, the household income, earners’ education and occupation are examined, as well as combined income, versus with an individual, when their own attributes are assessed. Many factors and reasons have been given as being responsible for the continuous falling in the academic standard of our present educational system. These includes; attitudes of teachers to work, lack of seriousness on the part of the students, effect of the dwindled economy and to some extent the increasing degenerating moral system.


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