preprintNational Bureau of Economic ResearchJul 1, 2017GREEN OA

Mobility Report Cards: The Role of Colleges in Intergenerational Mobility

United States Department of the Treasury · National Bureau of Economic Research · +3 more institutions

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Abstract

We characterize intergenerational income mobility at each college in the United States using data for over 30 million college students from 1999-2013. We document four results. First, access to colleges varies greatly by parent income. For example, children whose parents are in the top 1% of the income distribution are 77 times more likely to attend an Ivy League college than those whose parents are in the bottom income quintile. Second, children from low-and high-income families have similar earnings outcomes conditional on the college they attend, indicating that low-income students are not mismatched at selective colleges. Third, rates of upward mobilitythe fraction of students who come from families in the…

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