"The privilege of going to college in the US has always been about money", Pfeffer featured in Quartz
"The privilege of going to college in the US has always been about money" - Quartz. 3/13/2019.
In 2017, less than half of all 25-34 year olds in the US had college degrees. Research by University of Michigan sociologist Fabian Pfeffer shows that low-income kids born in the 1980s have not been able to catch up. Now in their 30s, just over 10% of those born into the bottom fifth of household wealth have obtained a college degree (paywall). This compares with around 60% of kids in the top fifth of richest families.