Tag Archives: technology

Report: Mid-level public institutions excel at economic mobility for grads


Dive Brief:

Elite private institutions are the nation’s best at helping low-income students become high-earning graduates, but mid-level public institutions, like California State University – Los Angeles, are among the nation’s best at producing the greatest number of graduates moving from one economic status to a higher tier of household earnings.

Campus Technology profiles a recent study from the Equality of Opportunity Project, which scores institutions which accept students from the bottom fifth of average income on their ability to send graduates out who place among the nation’s top fifth in average income. While students from the […]

Get you somebody who can do both

Drake

Earlier this month at an event titled “Higher Education and Upward Mobility”, Stanford economist Raj Chetty presented findings from the Equality of Opportunity Project . This study of intergenerational income mobility was possible because its team of leading economists was given access to millions of anonymised tax records several years ago. I first heard about the project late last year when the New York Times related one of a key finding on intergenerational income mobility changes over time: for those born since 1980, the likelihood of making more money than your parents has sharply declined .

The event, held at […]

Is the American Dream Really Dead?


If the new generation can’t do better than their parents, is the American Dream dead? (Photo: Beth Rankin )

Our latest Freakonomics Radio episode is called “Is the American Dream Really Dead?” (You can subscribe to the podcast at iTunes or elsewhere , get the RSS feed , or listen via the media player above.)

Just a few decades ago, more than 90 percent of 30-year-olds earned more than their parents had earned at the same age. Now it’s only about 50 percent. What happened — and what can be done about it? Below is a transcript […]

Is the American Dream Really Dead?


If the new generation can’t do better than their parents, is the American Dream dead? (Photo: Our latest Freakonomics Radio episode is called “Is the American Dream Really Dead?” (You can subscribe to the podcast at iTunes or elsewhere , get the RSS feed , or listen via the media player above.)

Just a few decades ago, more than 90 percent of 30-year-olds earned more than their parents had earned at the same age. Now it’s only about 50 percent. What happened — and what can be done about it?

Below is a transcript of the episode, […]

Chicago Booth Professors Discuss Top Economic Challenges Facing the New President


Early this year, University of Chicago Booth School of Business professors Amir Sufi, Marianne Bertrand, and Randall S. Kroszner convened at the New York Hilton Midtown to talk about the top economic challenges facing Donald Trump, the current President of the United States. North America Business Correspondent for BBC News, Michelle Fleury moderated Economic Outlook discussion which focused on declining social mobility, economic inequality and globalization as tied to education levels, high student debt and uncertainty in the labor markets.

Key highlights included:

· Increased productivity need. In 2017, we can expect to see 3% GDP growth or less. The new […]

Report Sheds Light on Higher Education and Income Mobility

There is plenty of data suggesting that education, particularly a college or university degree, leads to higher incomes. Less is known about the impact of higher education — and specific schools — on socioeconomic mobility, that is, moving from one “rung” of the income ladder to another.

A new study by The Equality of Opportunity Project sheds valuable light on this question: Which colleges in America contribute the most to helping students climb the income ladder?

Many Elite Colleges Have Chosen Affordability Over Access Researchers found that poor students who attend top (i.e. selective or elite) colleges do about as […]

In Major Study on Student Economic Mobility, Woodbury Ranks 36th Nationally and 7th in California


In a major new study by high-level academics and reported in-depth by The Upshot/New York Times earlier this month, Woodbury University has emerged as a national and statewide leader in student economic mobility, the university said today. Addressing economic diversity and student outcomes, the study , originally published on Jan. 18, examined millions of anonymous tax filings and tuition records for “Mobility Report Cards: The Role of Colleges in Intergenerational Mobility,” from The Equality of Opportunity Project . The study defines “mobility rate” as the portion of a college’s students who come from a family in the bottom fifth […]

In Major Study on Student Economic Mobility, Woodbury Ranks 36th Nationally and 7th in California


With Much of the Student Population Coming from Lower 60% Income Brackets, ‘Equality of Opportunity Project’ Analysis Shows Significant Movement

BURBANK, Calif. (PRUnderground) January 31st, 2017 In a major new study by high-level academics and reported in-depth by The Upshot/New York Times earlier this month, Woodbury University has emerged as a national and statewide leader in student economic mobility, the university said today.

Addressing economic diversity and student outcomes, the study , originally published on Jan. 18, examined millions of anonymous tax filings and tuition records for “Mobility Report Cards: The Role of Colleges in Intergenerational Mobility,” from The Equality of […]

In the Age of Trump, Cities Will Lead the Way Toward Increased Economic Opportunity

New York Anti-Trump Protestors

Demonstrators hold aloft signs at the conclusion of a rally near Trump Tower in New York City on November 12, 2016. (AP / Albin Lohr-Jones) This fall’s election highlighted a deep undercurrent of anxiety that the American Dream is eroding.

People have real reason to be worried. New data from Stanford’s Raj Chetty illustrates that with every passing decade since the 1940s, Americans have become less and less likely to out-earn their parents.

Donald Trump tapped into that anxiety to great effect. But blaming immigrants, weakening labor unions, eliminating health care coverage for millions of Americans, privatizing infrastructure, and rolling back […]

Trump’s Consequential Economic Agenda


The relatively older voters who sent Donald Trump to electoral victory spent their formative years in the economically dominant America of the 20 th Century. They also grew up in a global economy dominated by large industrial manufacturers who provided unprecedented prosperity to the blue-collar workers they employed.

Today, the world looks very different from these voters’ vantage points. The economic liberalizations of China and India have helped lift nearly a billion people out of poverty in the last quarter-century alone. But the very success of these emerging markets has left many in America feeling like their relative standing has […]