It's common that parents strive to give their children the best possibilities in their academic futures, but sometimes there are not enough resources in order to make that happen. As a result, these kids can sometimes suffer academically, resulting in a crush of their potentials.

According to a new study published in the journal Psychological Science, children who come from poorer families are more likely to do worse in school, less likely to graduate high school and have a smaller shot at going to college. The researchers were able to determine that this path could be found out as early as 2 years old.

"Poor kids aren't even doing as well in terms of school readiness - sounding out letters and doing other things that you would expect to be relevant to early learning," said Elliot M. Tucker-Drob of the University of Texas at Austin, lead author of the paper.

Researchers suggest that growing up poor gives a greater chance of children not realizing their overall potentials, which could ultimately affect their schooling.