How the well-off and well-educated pass their advantages on to their offspring
ONE of the reasons people try to get ahead is to boost their children’s chances in life. And indeed the children of the well-off and well-educated earn more and learn more than their less fortunate peers—but to an extent that varies from place to place. In Ireland and Luxembourg, sons of fathers with a university degree or the equivalent are around 70 percentage points more likely to complete tertiary education than those whose fathers failed to graduate high school.
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