Greg Mankiw wants to see if David Leonhardt's theory holds up.
I wonder if that UWO study has taken into account that lower income students likely have to have a part time job to afford college.
If you read The Millionaire Mind, one of my favorites, you might conclude that the low-income yet brilliant kids would do better if you didn't make it easier for them. The combination of brains, having to work really hard for everything, and knowing how to live frugally is a good formula for ending up wealthy.
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