Fortune Favors the Bold - The Official Mastercard Podcast Upward Mobility: Turning the Tide
Nov 14, 2018
Explore the challenges of upward mobility in today’s society, where hard work alone isn’t enough. Discover the importance of intergenerational support and early childhood programs in leveling the playing field. Hear about the unique hurdles faced by first-generation college students, emphasizing community networks as vital for success. Delve into the struggles of the working poor, advocating for a nuanced understanding of their realities. Lastly, see how community-driven initiatives can transform lives, supporting low-income and immigrant families in their quest for economic stability.
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Modern View of Upward Mobility
- Upward mobility now includes not just wealth but social capital like community.
- Individual effort alone isn't enough; it actually takes a village to move up socioeconomically.
Early Childhood Support Boosts Mobility
- Early childhood policies like subsidized childcare improve economic mobility.
- Supporting children's early development benefits not just kids but whole families economically.
Reject Academic Tracking
- Avoid academic tracking as it decreases upward mobility by reinforcing early disadvantages.
- Promote integrated education to create a level playing field for all students.