Social mobility is stalling. Educational fundraising can help.
The American Dream inspires us to believe that all Americans have equal opportunity to succeed and prosper. That hard work and determination are more powerful forces than one’s background and the socioeconomic class they were born into. That everyone can achieve upward mobility.
But evidence suggests that this promise is faltering. A shrinking number of people are moving from the bottom of the income distribution to the top. Fewer people are earning more than their parents. And children born poor are more likely to stay poor.
In short, social mobility is stalling.