… One of the most disturbing numbers I came across in research for this book was that if you come from a family with a family income above $90,000, you have a 1 in 2 chance of getting a bachelor’s degree by the time you’re in your mid-20s. If you come from a family under $35,000, you have a 1 in 17 chance.
“One of the fears, and one of my fears, is that we might become a country where the next generation is less educated than the generation that preceded it.”
If current trends continue, the next generation is also much more likely to have grown up in a household without a father.
Which one factor is more important in equalizing financial opportunities – college or fathers? I don’t know, but if I had a magic wand and could change only one of these, I’d put fathers back into American families. The education part would probably start to take care of itself.