Vault.com: the most trusted name in career information

Vault Message Board: Colleges

Topic Name: Voluntary Corporate Slavery?
Message Name: Correction
Date Posted: 07/27/2002
In Reply To: There was once a time in America, too, where people went to college not because they expected a high paying job out of it, but because it was what young rich people did. They were secure in the knowledge that their family's wealth would ensure them a confortable position in society. Today in American, many people in college are from middle-class backgrounds, hoping to rise to the upper-class with the help of the college degree. Many others (maybe more than middle-class at the elite schools) are from upper-middle-class backgrounds. Their parents are affluent enough to afford the tuition without financial aid, and maybe they have some good connections, but they are not from an upper-class living off inherited money. Only by working for a living at a high paying job will they maintain the lifestyle that they've become accustomed to while growing up. Europe and Africa are much less meritocracies than the United States. If you are born to the right parents, then you never have to worry about about maintining your social position in society.
Message: I said that middle-class people hope to rise to "upper-class", but I MEANT to say that they hope to rise to "upper middle-class" What's the difference? Middle class = school teacher Between middle class and upper middle class = computer programmer, engineer, most lawyers Upper middle class = medical doctor, lawyers at big law firms, most investment bankers. Between upper middle class and upper class = managing director level investment bankers Upper class = Dick Cheney, Madonna, Kennedy brats. Beyond upper class = we don't really know who these people are because they keep to themselves, but they don't work for a living because they've inherited lots of money.

Post a Reply to this Message  || Go to the Colleges Vault Message Board



Recommend this page to a friend