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Money and Finances
Reply to "The Social Class Ladders—Labor, Gentry, and Elite"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's interesting to me all the posters who are saying class mobility does not exist. My H and I both grew up LMC. We're first generation college graduates. Now I have a PhD and he is in finance. Senior manager at his firm, very likely to advance. He makes >750k. I adjunct right now for the flexibility with our kids (I'm basically a SAHM for all intents and purposes - I only teach one or two courses a year to keep my toe in. It's basically a hobby job). Anyway, my point is, we've still been invited to join the fancy country club, our kids go to an expensive private school, we vacation several times a year in the same spots as all the other parents (Caribbean, skiing, Europe, beach trip every year). I've never once felt slighted or looked down upon. Maybe our background is not obvious to others? We're mid thirties and went to good schools on scholarship/loans which we've since long paid off. I don't get the people who are saying this ^ is not an example of class mobility.[/quote] It is, but if you think that your experience is not an anomaly, you're fooling yourself. Making $750K+ is pretty unusual in the population overall, as is having the opportunity to go to a school that the elite consider "good" from an L background. Most L and even low-G kids are raised on the idea that getting into the flagship state school is an achievement. It wasn't until I got to start hanging out with the Es in DC that I learned that I'd have been better off going to some SLAC that no one I went to high school had ever heard of than a large, public university that's well-regarded pretty much everywhere else but DC.[/quote] To be fair, Gs and low Es in the DC area consider getting into UVA/W&M as the pinnacle of their HS child's achievement.[/quote] I went to Princeton, and am thrilled that my kids both got into UVA and W&M.[/quote] I think the Ivies are very overrated for undergrad, so they didn't apply to any. was it money or grades that was the problem?[/quote][/quote]
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