“Although on the surface the United States is a meritocracy and committed to equal opportunity, in…”

May 08 Comments Off on “Although on the surface the United States is a meritocracy and committed to equal opportunity, in…” Category: Feed, Tumblr

“Although on the surface the United States is a meritocracy and committed to equal opportunity, in fact it is ‘creating a rigid class hierarchy based on ascription and birth.’”

The best way to nab your dream job out of college? Be born rich. – Quartz

“We pay banks for the privilege of fleecing us, a fact made obvious by the growing slice of corporate…”

September 29 Comments Off on “We pay banks for the privilege of fleecing us, a fact made obvious by the growing slice of corporate…” Category: Feed, Tumblr

“”We pay banks for the privilege of fleecing us, a fact made obvious by the growing slice of corporate profits generated by the financial sector. Employment in the financial sector hovers around 5 percent of the American workforce, while they skim a third of all corporate profits off the top. They create nothing and add nothing, so in essence, a massive chunk of American profit is made up of handling fees.””

The big “middle class” rip-off: How a short sale taught me rich people’s ethics.

“This education gap is a problem not only for the teenagers on the wrong end of it. It’s a problem…”

September 09 Comments Off on “This education gap is a problem not only for the teenagers on the wrong end of it. It’s a problem…” Category: Education, Feed, Tumblr

“This education gap is a problem not only for the teenagers on the wrong end of it. It’s a problem for the American economy. The economic differences between college graduates and everyone else have reached record levels. Yet for many low-income children – even many who get A’s in high school and do well on the SAT – college remains out of reach. No wonder that upward mobility is less common in the United States than in many other rich countries.”

Top Colleges That Enroll Rich, Middle Class and Poor.