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If a man from a wealthy family background spends six years in college with a trivial income (from a part-time job at the college bookstore, or whatever) and the
by sethg 19y ago
If a man from a wealthy family background spends six years in college with a trivial income (from a part-time job at the college bookstore, or whatever) and then lands a well-paid professional job, he has jumped from a low quintile to a high quintile, but is not the sort of "income mobility" that most people hope their children will have access to.