Friday, June 22, 2012

Nice graphic showing the connection between Education and Inter-generational income mobility. Get into school kids, any school!!

The US Dept of Treasury just published a paper (HERE) and it included this graphic.  I modified it a little to explain/illustrate specifically the effect education has on children from the lowest income brackets and how it promotes upward intergenerational income mobility.  If you read and understand what is in the boxes you can figure out what is going on in the other income quintiles as well.
Note: It should be "45%" in the box on the left.

Source for this posting; The Economix
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