NYT: Higher Education Gap May Slow Economic MobilityBy ERIK ECKHOLM Economic mobility, the chance that children of the poor or middle class will climb up the income ladder, has not changed significantly over the last three decades, a study being released on Wednesday says. The authors of the study, by scholars at the Brookings Institution in Washington and sponsored by the Pew Charitable Trusts, warned that widening gaps in higher education between rich and poor, whites and minorities, could soon lead to a downturn in opportunities for the poorest families. The researchers found that Hispanic and black Americans were falling behind whites and Asians in earning college degrees, making it harder for them to enter the middle class or higher...[Read the rest at NYT.com] Posted Wed, 02/20/2008 - 9:44am.
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College degrees are overrated
A Business Week cover story (3/31/04) estimates that almost 10 percent of college graduates work in low-wage jobs.
I have a degree and earn minimum wage. Degrees are overrated.
p.s. I am a white male, so I'm doing my part to reduce the income gap.