Posts Tagged ‘social mobility’

Educational Mobility Low in the United States

September 19, 2014

Educational mobility is quite low in the US, where the majority of people attain the same level of education as their parents, or worse. In other words, most people from uneducated families stay that way and vice versa.

–from The Economist

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Inherited Wealth, Social Mobility, and College

June 19, 2013

 

This chart shows the fascinating pattern of inter-generational wealth and poverty in America. Of those raised in the top income quintile, 40% stay there while 43% of those raised in the bottom stay there. Also, a person raised in the top income quintile who does not go to college has a 2.5x higher change of staying in the top then someone from the bottom 20% who does go to college. Click through for a fascinating look at wealth and the effects of college.

–from mattbruening.com with data from Pew’s Economic Mobility Project