Public universities are a great economic equaliserFast Company.
With wages stagnating across many professions and the cost of living continuing to skyrocket, it can feel like there’s no way for a young person leaving college now to get any sort of foothold in society, particularly if they come from a low-income background to begin with. But the new data from the University of California system shows that a quality public education can still make a difference.
Over the past year, a team lead by Pamela Brown, the University of California’s vice president for institutional research and academic planning, undertook a study of the system’s two million alumni to understand their life after college. One of the most promising findings was that within five years of graduating, the majority of low-income students are out-earning their parents.
Full report on the Fast Company site