Students with low-income backgrounds get less of an earnings boost from college
(Heather Ainsworth/AP Images for Syracuse University)
People with more education have higher earnings. Boosting college education is therefore seen by many—including me—as a way to lift people out of poverty, combat growing income inequality, and increase upward social mobility. But how much upward lift does a bachelor’s degree really give to earnings? The answer turns out to vary by family background.
Degrees of dissimilarity
If you are among the fortunate few who grow up poor and manage to earn a bachelor’s degree... Читать дальше...