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Raj Chetty

👤 Speaker
246 total appearances

Appearances Over Time

Podcast Appearances

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

And then that continues into higher education.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

If you go to a college that helps a lot of people rise up, gets them into good careers and not into pathways that are thriving in the current economy, that has long lasting benefits.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

Why is our society so segregated?

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

I think there are a few different reasons.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

If you look at where people live in cities in America, you tend to see that high income people live in certain neighborhoods, lower income people live in other neighborhoods.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

If you look at where we go to school, where we go to college, there tend to be certain colleges in America where if you look at kids' outcomes after they graduate from college,

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

They do terrifically well.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

Think of well-known places like Harvard or Stanford or Columbia, MIT.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

But unfortunately, it turns out that very few kids from low-income families actually attend these institutions, even at present after they've expanded financial aid dramatically and so on.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

There are other colleges in America, like two-year community colleges, that educate many low-income kids.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

But unfortunately, when we look at outcomes after kids graduate from those colleges, they don't look so great.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

Not that many of those kids are thriving afterward in terms of having successful careers and so on.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

So that's another dimension of our society where there's a lot of segregation.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

Lower-income kids tend to go to certain kinds of colleges.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

Higher-income kids go to other colleges.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

In fact, it turns out colleges are as segregated

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

as neighborhoods in the United States, even though you might think of colleges as being the place where you mix with others.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

And so segregation is prevalent throughout our society.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

And often it's the higher income people who are participating in institutions that give you opportunities to then do even better.

3 Takeaways™
The American Dream is Now a Coin Flip: Here's Why and What We Can Do (#287)

And that perpetuates a lack of opportunity.