Inequality Is Holding Economies Back. Education Could Be One Solution
“College attainment is a decent proxy for a shot at the good life, at least in the U.S. Four-year graduates earn about twice as much per week as high school dropouts and have better health outcomes. Research by the late economist Alan Krueger, who died on March 16, showed that some of that benefit may come from college attendees’ better starting positions in life. Non-Hispanic white adults are almost 60 percent more likely to have graduated from a four-year college than their black counterparts, Census Bureau data show. The Pell Institute for the Study of Opportunity in Higher Education finds that nearly 90 percent of high school graduates from affluent families enroll in college, vs. 60 percent of kids in the bottom quarter of income.”