666 ReVeNGe 666
TROLL IS LIFE
What does it take to make it into the 1%? A fancy college degree and a family that’s already there (or close to it), new research finds.
Within the group of students who took Chile’s national college exam since 1980, the 1.8% who were admitted to six programs at two elite colleges in Chile since 1980 made up more than 40% of directors and top managers in the country and 38% of the top 0.1% of the income distribution between 2005 and 2013, according to a paper published Monday by the National Bureau of Economic Research, a nonprofit economic research organization. This group also accounted for nearly 46% of the 0.001% during the same period.
But these elite higher education programs aren’t a ticket to wealth and success for everyone, the study found. Students who came to these programs from high-cost private schools were much more likely to reap the benefits of these programs, whereas for students from other backgrounds, the programs offered almost no benefit compared with what they might have done otherwise — likely attend a similar program at a less prestigious school.
“The types of programs that produce a disproportionate share of the very richest people are also the programs where there’s a much smaller return for people who aren’t from very wealthy backgrounds,” said Seth Zimmerman, an economics professor at the University of Chicago Booth School of Business and the author of the study.
http://nypost.com/201612/07/if-your...ebook&utm_medium=SocialFlow&sr_share=facebook
But we knew this
That's why we chase rap dreams and sports dreams
Within the group of students who took Chile’s national college exam since 1980, the 1.8% who were admitted to six programs at two elite colleges in Chile since 1980 made up more than 40% of directors and top managers in the country and 38% of the top 0.1% of the income distribution between 2005 and 2013, according to a paper published Monday by the National Bureau of Economic Research, a nonprofit economic research organization. This group also accounted for nearly 46% of the 0.001% during the same period.
But these elite higher education programs aren’t a ticket to wealth and success for everyone, the study found. Students who came to these programs from high-cost private schools were much more likely to reap the benefits of these programs, whereas for students from other backgrounds, the programs offered almost no benefit compared with what they might have done otherwise — likely attend a similar program at a less prestigious school.
“The types of programs that produce a disproportionate share of the very richest people are also the programs where there’s a much smaller return for people who aren’t from very wealthy backgrounds,” said Seth Zimmerman, an economics professor at the University of Chicago Booth School of Business and the author of the study.
http://nypost.com/201612/07/if-your...ebook&utm_medium=SocialFlow&sr_share=facebook
But we knew this

That's why we chase rap dreams and sports dreams

interesting....the wealthiest only allow their wealthiest peers into the INNER inner circle. 
profound

I cant give up on the dream

