Abstract: This paper incorporates distributionlag model into a system of equations to study the nexus of income inequality, economic growth and education in China. The major findings are: (1) Income inequality has a negative effect on economic growth, and economic growth will in turn be helpful to narrow the income gap; therefore, controlling the income gap is conducive to economic growth and in turn conducive to narrowing the income gap, which may achieve a goal that both equality and growth develop coordinately. (2) The income distribution inequality leads to educational inequality, but the lessening of educational inequality has not promoted to narrow the gap in income distribution and a virtuous circle between educational equality and income distribution equality has not formed spontaneously. To make education, economic growth, income distribution into an endogenous nice track, we need a series of reforms, policies and measures to guide, and gradually solve such problems as unreasonable labor market structure, urban and rural variations in returns to schooling and unreasonable educational investment structure.