Economic mobility and education
Share of 25-year-olds from each family income fourth without a college degree, by birth cohort
| 1961-1964 birth cohort | 1979-1982 birth cohort | |
|---|---|---|
| Bottom | 95% | 91% |
| Second | 86% | 79% |
| Third | 83% | 68% |
| Top | 64% | 46% |
Note: Family income fourths are those of 25-year-olds when they were children.
Source: Authors' analysis of Bailey and Dynarski (2011, Figure 3)
Previous chart: « Elasticities between parental income and sons’ earnings, 1950–2000