The chapter discusses the decline of upward mobility in the US, exploring factors such as economic inequality, education quality, and technological advancements affecting the American dream. It emphasizes the importance of attending highly selective colleges for increased earning potential and job opportunities, while also examining alternative pathways to success like vocational schools and job training programs. Additionally, the conversation delves into challenges within the education system, including the shortage of skilled workers, retention of quality teachers, and debates around college admission requirements.
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Bloomberg Television and Radio broadcast live from the Milken Institute Global Conference featuring Armen Panossian, Co-CEO at Oaktree Capital Management, Runa Alam, Co-Founding Partner and CEO at Development Partners International, Al Rabil, CEO at Kayne Anderson, Raj Chetty, Harvard University Professor of Public Economics and Andrew Bednar, CEO at Perella Weinberg.
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