(CBS Local) – Graduation inspires many different feelings in college students. First and foremost, pride. But not long after, anxiety sets in about the impending job search.
This generation is much less likely to out-earn their parents, according to a study conducted by Stanford and Harvard universities and UC Berkeley, via the LA Times which calls into question the so-called American dream.
In 1940, children were born with near certainty that they’d earn a higher income than their parents when they grew up, which is something every loving parent hopes for their kid.