American Dream

How Academics Concocted a New ‘Middle Class’

To hear politicians tell it, the college diploma is the guaranteed gateway to middle-class life, so everybody should probably go to college. The argument seems self-evident–over a lifetime, college graduates far out-earn those without a degree ($2.1 million, supposedly), so go to college, live the American Dream. Unfortunately, as many recent college graduates have discovered, […]

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