Experience Stern | News & Events

Excerpt from NPR -- "Americans are big believers in equal access to opportunity and letting outcomes fall where they may if there's a level playing field. And right now there isn't a level playing field and I think the statistic that captures it best is the fact that if you're born in the United States in the top 25% of the income distribution, you have an 85% chance of going to college. If you're born in the bottom 25% of the income distribution, you have an 8% chance of going to college. That is not equal access to opportunity. In the private sector, if we want to be a country that continues to grow, then we've got to take joint responsibility and the private sector ought to say, 'Gee, we've got a role in actually making higher education more accessible to the masses in order to level the playing field, because, again, the key equalizer is education. That's what transforms people's lives."

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