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25 Apr 2009 06:45 pm
How Much Does Class Matter In America?
More than we might like to believe. Ryan Avent reads a study:
The truly amazing thing to me is that parental income isn't just crucial in getting to college, and getting through college -- its effects linger on, basically, in perpetuity. One of the most remarkable findings from the Pew Charitable Trusts' Economic Mobility Project is that a child from a family in the top income quintile who does not get a college degree is more likely to wind up in the top income quintile himself than a child from a family in the bottom income quintile who does get a college degree...
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The Impact Of Class In America
Excerpt:
Taken from the Pew Charitable Trusts Economic Mobility Project.
See Also: How Much Does Class Matter In America?, Nature, Nurture, Trust Funds, Define rich!!!!!!!!, CEO Pay 2008 (NYTimes), and Young Americans for Socialism.
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