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Fraction of Students Completing College, by Income Quartile and Birth Year

"One pattern evident in the figure is that for both cohorts, higher family income is associated with a greater probability that a child will enter and will graduate from college...A second pattern evident is that the college completion rate rose between the two periods. However, the increases were highly uneven, with gains largest at the top of the income distribution and smallest at the bottom."—Whither Opportunity, p. 120