HIGHER EDUCATION: NOT SUCH AN ECONOMIC EQUALIZER AFTER ALL?

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HIGHER EDUCATION: NOT SUCH AN ECONOMIC EQUALIZER AFTER ALL? 

“Whether a student graduates or not seems to depend today almost entirely on just one factor — how much money his or her parents make. 

To put it in blunt terms: 

Rich kids graduate; poor and working-class kids don’t.” 

So encouraging poor and working-class kids to go to college may leave them without a degree, but with debt, and thus worse off than if they hadn’t gone at all.

This is something I’ve talked about before. 

But read the whole thing, as there’s a lot of interesting stuff going on at UT-Austin, though I question whether it will scale.