Sophie Pender
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- The Economist25 min
Why it's harder to earn more than your parents | The Economist
Sophie Pender, Mohsin Ismail, Kavika Smith, Christine, Novelette, Sally Grantham-McGregor, Dawn, Idrees Kahloun
Declining social mobility in the US and UK, driven by rising inequality and educational barriers, has prompted researchers to identify geographic location, early childhood interventions, and state school networks like the "93% Club" as critical levers for reform. Comparative data highlights that while legacy admissions and wealth bias stifle progress in American universities, programs relocating families to high-opportunity areas and reducing SAT reliance have demonstrably increased long-term earnings and tax revenues. These findings suggest that structural changes to education and neighborhood composition offer a fiscally sustainable path to reversing intergenerational income stagnation.