The myth of eduction and Meritocracy in America
"The American Dream -- that anyone can achieve success through hard work, grit and determination -- has always had a complicated relationship with the American Reality. Children born at the bottom of the income distribution are more likely than not to stay there. If you're a person of color or your parents aren't married, your odds of rising up are even worse.
Policymakers on the left and right often tout education as the bridge to help poor kids make their way up the income ladder -- people with more education make more money. But striking new research from the Brookings Institution shows that simply sending more kids to college won't fix income inequality: As it turns out, a college degree is worth a lot less, earnings-wise, to poor kids than to rich ones.
"
Study seems to show if you start out poor, you will end up relatively poor - compared to the rich kid - at the end of your working life regardless of education.
I believe that the rich child has other resources at his/her's fingertips - parent's wealth that is passed down to them in inheritance or gifts and that the poorer child may have a more difficult time paying off those student loans which drag on and on through their working years.
https://img.washingtonpost.com/wp-apps/imrs.php?src=
&w=1484
https://www.washingtonpost.com/news/wonk/wp/2016/02/22/still-think-america-is-the-land-of-opportunity-look-at-this-chart/
