I recently read an article in which it pointed out that it was better to be rich than gifted.
"The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents."
"The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents."
Quote:A revolution in genomics is creeping into economics. It allows us to say something we might have suspected, but could never confirm: money trumps genes.
Using one new, genome-based measure, economists found genetic endowments are distributed almost equally among children in low-income and high-income families. Success is not.
The least-gifted children of high-income parents graduate from college at higher rates than the most-gifted children of low-income parents.
First, consider the people whose genome scores in the top quarter on a genetic index the researchers associated with educational achievement.
Only about 24 percent of people born to low-income fathers in that high-potential group graduate from college.
That’s dwarfed by the 63 percent college graduation rate of people with similar genetic scores who are lucky enough to be born to high-income fathers.
Contrast that with a finding from the other end of the genetic scoring scale: about 27 percent of those who score at the bottom quarter of the genetic index, but are born to high-income fathers, graduate from college. That means they’re at least as likely to graduate from college as the highest-scoring low-income students.
(Washington Post)