The defining feature of the American Dream is upward mobility – the aspiration that all children have a chance at economic success, no matter their background. However, our research shows that children’s chances of earning more than their parents have been declining. 90% of children born in 1940 grew up to earn more than their parents. Today, only half of all children earn more than their parents did.
Opportunity Insights seeks to reverse this trend and revive the American Dream.
Inequality.orgInequality.org has been tracking inequality-related news and views for nearly two decades. A project of the Institute for Policy Studies since 2011, our site aims to provide information and insights for readers ranging from educators and journalists to activists and policy makers.
Income Inequality, Social Mobility, and the Decision to Drop Out Of High SchoolNew research from Melissa Kearney and Phillip Levine finds that greater income gaps between those at the bottom and middle of the income distribution lead low-income boys to drop out of high school more often than their counterparts in higher inequality areas, suggesting that there is an important link between income inequality and reduced rates of upward mobility.