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Mobility Report Cards: The Role of Colleges in ...
Mobility Report Cards: The Role of Colleges in Intergenerational Mobility Raj Chetty, Stanford University and NBERJohn N. Friedman, Brown University and NBERE mmanuel Saez, UC-Berkeley and NBERN icholas Turner, US TreasuryDanny Yagan, UC-Berkeley and NBERJuly 2017 AbstractWe characterize intergenerational income Mobility at each college in the United States usingdata for over 30 million college students from 1999-2013. We document four results. First,access to Colleges varies greatly by parent income . For example, children whose parents arein the top 1% of the income distribution are 77 times more likely to attend an Ivy Leaguecollege than those whose parents are in the bottom income quintile. Second, children from low-and high- income families have similar earnings outcomes conditional on the college they attend,indicating that low- income students are not mismatched at selective Colleges . Third, rates ofupward Mobility the fraction of students who come from families in the bottom income quintileandreach the top quintile differ substantially across Colleges because low- income access variessignificantly across Colleges with similar earnings outcomes.
across colleges is comparable to the degree of income segregation across neighborhoods in the average American city. These ndings challenge the common perception that colleges foster greater
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