It's Not Education

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Education is often cited as the cause of rising inequality. But it can't be behind the top 1% pulling ahead...
Education is often cited as the cause of rising inequality. But it can't be behind the top 1% pulling ahead of the bottom 99%, doubling their share of income since 1979. For one, 27% of Americans have college degrees, 10% have graduate degrees, and 2% have doctorates. Yet, it isn't the PhDs and MDs who are pulling ahead the most, it's the CEOs and heirs. The rich are two small a group, and the're pulling ahead of the most educated professionals, leaving most college grads in the dust.
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