The Role of Education in Social Mobility

🎓 Some good news for your Monday! 🌟 Amidst the debates on the value of a college education, our collaborative research with the North Carolina General Assembly brings a fresh perspective. The findings? A degree from the UNC System’s universities translates to a significant $500,000 median lifetime return on investment compared to non-degree holders in North Carolina. 📈 Even more inspiring is the impact on social mobility: nearly 90% of low-income students climb the economic ladder post-graduation. Diane Cheng of IHEP reminds us, "The evidence is clear: bachelor’s degree recipients from the UNC System fare better in lifetime earnings than fellow state residents without degrees." This isn’t just about numbers; it's about strategic state investment in postsecondary education, reaping benefits for students and communities alike. 🎓💡 Kudos to the team at Burning Glass Institute for illuminating the enduring value and potential of higher education. Here's to empowering more students with the opportunities they deserve! #EducationROI #EconomicMobility #UNCSystem #HigherEdImpact https://lnkd.in/eYHQ7AZH

New Goldman Sachs study shows how HBCUs have been (and likely will continue to be) more effective at creating upward social mobility for students from low income families than other educational institutions. The Supreme Court’s recent affirmative action decision is shining a new spotlight on the importance of HBCUs in addressing the needs of our communities and our country, and with more resources, they can do even more. Although I am a Harvard graduate, my father and my uncles are proud graduates of Bethune - Cookman University. The impact of and importance of HBCUs to the health and prosperity of our communities can not be overstated, and I am a product of their legacy. Harvard has served me well, but I also owe a debt of gratitude to B-CU. “The report, released last month, found that HBCUs help students from low-income families move into higher incomes at about twice the rate of other colleges and universities. The upward class mobility at HBCUs is even more notable considering HBCUs are less than 3% of colleges in the U.S. but account for 13% of bachelor’s degrees earned by Black students, and 20% of Black STEM graduates.” #hbcu #education #affirmativeaction #supremecourt #diversityequityinclusion