2 ms·
The elites in the US lowered the top tax brackets considerably, and intentionally moved education funding from grants to loans in previous decades. Both of thes
by amanaplanacanal 5y ago
The elites in the US lowered the top tax brackets considerably, and intentionally moved education funding from grants to loans in previous decades. Both of these moves feel like they have lowered social mobility, but I haven’t seen studies.
- etherael 5y agoSame thing happened to Australia where I'm from originally, and it doesn't seemed to have changed a thing anecdotally except of course the aforementioned escape velocity equation, and still not nearly enough to be competitive with the leaving option. Would be interested to see any studies that indicate conclusively that any of this stuff does any good, rather than just making those who are politically aligned with it feel good, for anybody reading this that knows, not necessarily just the respondent.