• Don't insult other visitors. Offensive comments will be deleted without warning.
• Comments are accepted in English only.
• No swearing words in comments, otherwise such comments will be censored.
• Your nickname and avatar are randomly selected. If you don't post comments for 7 days, they both are reset.
• To choose another avatar, click the ‘Random avatar’ link.
You are correct: it's having rich parents that has the biggest effect on the chances of becoming rich. In terms of earning though, college is still a pretty good investment. In general, lifetime median earnings are:
No HS degree: $1.2M
HS: $1.6M
Bachelor's: $2.8M
Master's: $3.4M
PhD: $4M
Professional Degree: $4.7M