Even Being Born Wealthy Isn't a Guarantee That Black Boys Will Succeed in America, New Study Finds
The American Dream has always been built on a false sense of equal opportunity for upward mobility in this country, but a recent study found just how shaky a foundation that myth rests on.
On Monday, The New York Times wrote about research from Stanford economist Raj Chetty, Harvard economist Nathaniel Hendren, and census researchers Maggie R. Jones and Sonya R. Porter. They looked at racial gaps across generations and found that black boys who grew up in wealthy households are more likely to become poor than white boys who grew up in the same income level. As Chetty and Hendren wrote in their executive summary: “Black children born to parents in the top income quintile are almost as likely to fall to the bottom quintile as they are to remain in the top quintile.”