Reply to Downward social mobility - anyone worries about it?

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[quote=Anonymous][quote=Anonymous]As the college application process wraps up, I’m realizing something that’s getting harder and harder to ignore: it really seems like DC is headed for downward social mobility. I just don’t see them pursuing a career that would allow them to maintain the lifestyle they grew up with. And since they’re not getting into Ivy League schools, they won’t even have the prestige, however little it may be, that might help them hold onto whatever social status comes with it.

And then there’s the bigger picture. The spouse they end up with will probably be in the same situation, and then there are their kids and the whole family trajectory. Add in the rise of AI and the disappearance of jobs, and it’s only going to make things worse.

Maybe this isn’t something people say out loud. One of those quiet anxieties. But can we rant about it on an anonymous forum.[/quote]

Save more money, spend less, and leave them all you can in their inheritance. That is how you can help them and your grandkids.[/quote]

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