The Kept-Up Academic Librarian: Higher Ed Has Economic Benefit For Lower And Upper Classes

June 25, 2012

Higher Ed Has Economic Benefit For Lower And Upper Classes

How much mobility do Americans really have? Are they stuck in the income class they were born to? The answer depends largely on whether you went to college. As the report notes: Without a degree, children born to parents in the bottom income quintile have a 45 percent chance of remaining there as adults. With a degree, they have less than a 20 percent chance of staying in the bottom quintile of the income distribution. Read more at:
http://economix.blogs.nytimes.com/2012/06/22/how-to-escape-a-lowly-socioeconomic-class-go-to-college/?ref=business

Jun 25, 2012 1:57:00 AM | Data/Statistical Reports, Higher Ed Industry

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