Social Sciences
6 years ago

Family wealth in Australia shapes young adults' success and opportunities.

Journal of sociology
Egalitarian Australia? Associations between family wealth and outcomes in young adulthood
Jenny Chesters

Paper Summary

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Australia is not as equal as believed, with family wealth affecting young adults' success. A study looked at how rich families impact education and job status. The research used data from 2002 and 2014. The results show that kids from wealthy families tend to have higher education, better jobs, and more wealth as adults.