College Track: 2019 Social Mobility Report 2019 Social Mobility Report - Page 12

COLLEGE TRACK GRADUATES ARE UPWARDLY MOBILE While it may take a few years post-graduation for a student to start earning more money than their parents , the trend is undeniable : College Track graduates are upwardly mobile . Right out of college , 60 % 6 make more money than at least one of their parents and by the time they are 30 this ratio jumps to 87 %. This is higher than last year ’ s report and continues to exceed the national average for all students .

COLLEGE TRACK • POST-COLLEGE OUTCOMES Our graduates are upwardly mobile

I earn more than my parents do now
60 %
70 %
82 %
87 %
The impact of a college degree increases over time : 87 % of our oldest graduates earn more than their parents , far exceeding the national average . ^
< 25 years old N *= 15
25 years old N = 27
26-29 years old N = 57
30 + years old N = 52
* Number of survey respondents who were employed full-time , excluding the 12 individuals who said they “ did not understand the question .” ^The American Dream Quantified at Last , David Leonhardt , NYT , Dec 2016
College Track Page 12