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mahatmakanejeeves

(60,949 posts)
Mon Jul 11, 2022, 12:29 PM Jul 2022

People from elite backgrounds increasingly dominate academia, data shows

DEPARTMENT OF DATA

People from elite backgrounds increasingly dominate academia, data shows

First-generation academics were always rare. Now they’re vanishing.

Analysis by Andrew Van Dam
Staff writer | Follow
July 8, 2022 at 6:00 a.m. EDT

To understand critical issues facing the U.S. economy — soaring inflation, worker shortages and perhaps a looming recession — researchers must understand human behavior. They need to know how everyday Americans will react when pump prices double or shelves go bare. ... That’s why it’s somewhat alarming to learn that academia in general — and economics in particular — has quietly become the province of an insular elite, a group likely to have had little exposure to the travails of America’s vast middle class.

Department of Data
We here at the Department of Data are dedicated to exploring the weird and wondrous power of the data that defines our world. Read more.

In 1970, just 1 in 5 U.S.-born PhD graduates in economics had a parent with a graduate degree. Now? Two-thirds of them do, according to a new analysis from the Peterson Institute for International Economics. The trends are similar for other fields (and for foreign-born students), but economics is off the charts. ... This partly reflects population trends: Over that same period, the share of parents with graduate degrees and college-age children rose 10 percentage points, to 14 percent, our analysis of Census Bureau data shows. But compared with the typical American, a typical new economist is about five times more likely to have a parent with a graduate degree.

The new analysis comes from Anna Stansbury of the Massachusetts Institute of Technology and University of Michigan graduate student Robert Schultz, who got their hands on detailed data on U.S. PhD recipients going back more than 50 years. The data includes extensive information about almost half a million recipients in the 2010-to-2018 period alone. ... It shows that the elite dominate even more among the top schools that produce about half of all future economics professors. Among the top 15 programs, 78 percent of new PhDs since 2010 had a parent with a graduate degree while just 6 percent are first-generation college students.

{snip}

By Andrew Van Dam
Andrew Van Dam writes the Department of Data column each week for The Washington Post. He has covered economics and wrangled data and graphics for The Post and the Wall Street Journal. Twitter https://twitter.com/andrewvandam
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People from elite backgrounds increasingly dominate academia, data shows (Original Post) mahatmakanejeeves Jul 2022 OP
Sounds like a lotta bullshit assumptions being made by the author and editor here to me Hugh_Lebowski Jul 2022 #1
 

Hugh_Lebowski

(33,643 posts)
1. Sounds like a lotta bullshit assumptions being made by the author and editor here to me
Mon Jul 11, 2022, 12:44 PM
Jul 2022

Having a PhD doesn't make you 'elite', esp. not when you're in academia.

MANY people with PhD's spent a LOT of years ... fucking poor.

There's also the fact that 'economics' is a very narrow category of 'academia', yet that's the actual focus of the article. Meaning the editor chose a click-bait headline.

Not impressed, no offense to the OP

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