A survey released earlier this year from insurance firm Haven Life and research organization, YouGov cited that only about 13% of Americans believe that today’s children will be better off financially than they were when their career reached its peak.
There is plenty of evidence to point to which helps substantiate this worry. However, there are outliners. Michigan Tech is one of those outliners. The average household income of Michigan Tech freshmen this fall was about $89,000. Payscale.com surveying indicates that today, Michigan Tech alums at mid-career currently make $99,900. So it’s reasonable to conclude that a Michigan Tech education enables social mobility. Continue reading