No. of Recommendations: 2
from the article:

" To pick just a few representative statistics, children from the top 1% of the income distribution are 77 times more likely to attend Ivy League schools than the poorest 20%."

Well, duh, yeah. Likely folks in the bottom 20% don't have the financial resources, and would certainly find themselves in a college society where most folks have lots of spending money, hobbies and interests that take $$$$, which they and their families don't have. It would be a horrific social mis-match. You don't easily take a kid from bondunk TX or inner city Brooklyn and throw him/her into Harvard...and expect that person to 'fit in'.

- - -- - ---

"Among the nation’s top 10% of income earners, fewer than 1 in 20 attended the tiny number of “Ivy-plus” universities"

well, duh! There are,what, 100,000 kids in that position and likely nowhere near 100,000 spaces for those applicants at 'Ivy Plus' universities.

- - - - - - --

"More than half the children of the top .1% of income earners attend these schools,"

Not unexpected with family legacies, the finances, test preparation, extra curricular activities, club memberships, summer intern programs of significance......

Nothing new year. I'm sure a "Kennedy" or an Obama-kid would have little trouble going to Harvard. And kid-Clinton could have picked her college and be 99.999% sure of getting in

- - ----

"A 2005 study found that wealthy middle-schoolers with the lowest standardized test scores were more likely to graduate from college than poor middle-schoolers with the highest scores"

Again, probably some 'social mismatch'. Also the fraternity/sorority system probably helps - mostly the wealthy who can afford them - than those who could not afford that lifestyle. A good part of college success is 'connections'.

- - - ---

"According to a 2014 study, members of the top 1% inherited an average of $2 million each; members of the top 10% inherited $618,000."

So? only 2 million? If they stick that in their retirement account, they won't starve when they retire in 40-50 years. Geez, the article gives the impression we were looking at the kids of BILLIONAIRES like Dell.....and others that the article whines about.....and now we find the top 1% only gets a measly 2 million in inheritance somewhere down the line, like 30-40 years from now?

You mean a kid in college, of a 'wealthy parent', is going to have to wait DECADES - maybe 60 years, for that inheritance? Meanwhile, they likely aren't going to have millions to spend on their start ups.


t.
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