Why rich kids become rich adults and poor kids become poor adults

Income inequality is rising in the United States, and the gap between the wealthiest 1 percent of Americans compared to the majority of income earners is now at unprecedented heights . While the growing disparity may be attributed to a multitude of factors ( race and gender , to name a few) the environment that one is raised in bears the most impact, for better or worse.

A study from Harvard’s Equality of Opportunity Project , led by professors Raj Chetty and Nathaniel Hendren, found that among subjects who were studied through adolescence to adulthood in the nation’s 100 largest […]