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04/10/2019 News Release Image

"The 74" featured Pace in "Manno: Inside the College Mobility Report Cards That Track Economic Success for Low-Income Students — With Lots to Say About Access, Earnings & Race"

Is college a pathway to economic mobility?

Studies generally show that over a lifetime, college graduates amass a wage premium — earn more — and are more likely to participate in civic activities, as well as be healthier and happier, than those who have less than a college degree. Their kids commonly enjoy a host of childhood benefits and better life outcomes. The College Board’s Education Pays report documents the benefits that accrue to individuals with different levels of education, including a college degree.

These findings have led many to argue persuasively that a college degree is a surefire way to upward social and economic mobility — i.e., becoming a member of the middle class and beyond — especially for young people from low-income backgrounds.

Is it possible to measure whether students from low-income backgrounds who graduate from a specific college are, in fact, moving up the economic ladder?

Mobility report cards provide a novel snapshot of how individual colleges are promoting or hindering long-term economic success and prosperity for low-income students. Rather than focusing exclusively on college graduation as a success metric, this approach emphasizes intergenerational upward economic mobility, the degree to which children economically exceed, or lag behind, their parents.

Imagine the difference such a tool would make at a high school student’s meeting with a college counselor.

Opportunity Insights Harvard economist Raj Chetty and colleagues have developed mobility report cards for individual colleges by analyzing anonymous large data sets for over 30 million college students between 1999 to 2013. A college’s upward mobility rate is calculated by multiplying an access rate (proportion of students in the bottom 20 percent of income distribution) and success rate (proportion reaching the top 20 percent) to determine the percentage rising from the bottom income quintile to the top quintile.

Top ten colleges by mobility rate, according to Opportunity Insights

Three key findings on access, earnings and race emerge from these mobility report cards.

First, mobility rates differ across institutions because low-income students’ access to them varies significantly by family income. For example, 16 percent of SUNY-Stony Brook students are from the bottom income quintile, compared with a 4 percent average at elite institutions like Harvard or Stanford, even with their generous financial aid awards.

Rates of bottom-to-top quintile mobility are highest at mid-tier public universities like Cal State-L.A., Pace University and SUNY-Stony Brook, the top three institutions by mobility rate.

Rates of upper-tail — bottom quintile to top 1 percent — are highest at elite institutions. Regrettably, between 2000 and 2011, the fraction of low-income students at mid-tier institutions with high mobility rates fell sharply, though it held steady at elite institutions.

Second, children from low- and high-income families have similar earnings outcomes at any given college. For example, about 60 percent of Columbia University students from both low- and high-income families reach the top 20 percent of earners. This suggests institutions can create a level playing field for students with different socioeconomic backgrounds, so students generally are not mismatched to their selective institutions.

Chetty believes increasing access to high-mobility mid-tier institutions is a sure way to expand upward economic mobility and earnings for many low-income students, since annual instructional expenditures average less than $6,500 per student, compared with elite colleges that average $87,000 per student. His analysis of these mid-tier colleges has identified what The New York Times calls “America’s great working class colleges,” able to educate students from low and modest income backgrounds, propelling them to the middle class and beyond.

Read the full article.

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09/03/19

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"San Francisco Gate" featured Elisabeth Haub School of Law's Distinguished Criminal Justice Fellow Mimi Rocah in "Pressure on Epstein Prosecutors To Charge Others Intensifies"

08/29/19

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"Digital Information World" featured Lubin School of Business and Associate Dean Randi Priluck in "Users Have Some Interesting Reactions To Instagram Hiding the Number of Likes- Say It Won't Solve The Issue"

08/29/19

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"ABC News" featured Lubin School of Business Marketing Professor Larry Chiagouris in "Eco Search Engine Sees Surge in Downloads as Amazon Burns"

08/29/19

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"Herald News" featured College of Health Professions Professor Christen Cupples Cooper, EdD, RDN in "Sugary Drinks Can Pack A Major Punch to Your Gut and Your Health"

08/29/19

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"News Times" featured Pace Latest Appointment in "Stamford Woman Named Pace University's Diversity Officer"

08/29/19

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Press Release: Mellon Foundation Grant to Pace University Establishes New Program to Increase Diversity in Theater and Media Arts

08/28/19

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"Broadway World" featured Pace and the Andrew W. Mellon Foundation in "Pace University Launches Writing for Diversity and Equity in Theater and Media Arts Fellows Program"

08/28/19

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"Bloomberg" featured The Elisabeth Haub School of Law Criminal Justice Fellow Mimi Rocah in "Pressure on Epstein Prosecutors to Charge Others Just Got Higher"

08/28/19

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"Broadway World" featured Pace University Performing Arts in "The Pickup Artist and My Name is Annie King Headline New York Theatre Barn's New Work Series"

08/27/19

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"Forbes" featured Pace University President Marvin Krislov's latest piece "How We Build Resilience At College And At Home"

08/27/19

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"Broadway World" highlighted Pace University's Performing Arts Program in "Meet The Cast Currently Defying Gravity In WICKED On Broadway!"

08/27/19

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"Global Times China" featured featured Elisabeth Haub School of Law Professor Bennett Gershman in "Weinstein To Hear New Accusations Against Him"

08/27/19

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"International Business Times" featured Elisabeth Haub School of Law Professor Bennett Gershman in "Weinstein To Hear New Accusations Against Him"

08/27/19

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"Stamford Advocate" featured Pace's Latest Appointment in "Stamford Woman Named Pace University’s Diversity Officer"

08/27/19

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"Playbill" highlighted Pace University's Performing Arts Program As An Honorable Mention In "Big 10: The Most Represented Colleges On Broadway"

08/27/19

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"The Cut" featured Pace alumna Andrea Stewart-Cousins in "How I Get It Done: Andrea Stewart-Cousins, the Most Powerful Woman in the New York State Senate"

08/27/19

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"Yonkers Times" featured Pace's Seidenberg School of Computer Science and Information Systems in "Pace's Cybersecurity Camp Inspires Next Generation

08/26/19

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"Yahoo News" featured Elisabeth Haub School of Law Professor Bennett L. Gershman in "Weinstein to Hear New Accusations Against Him"

08/26/19

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"Daily Beast" featured Elisabeth Haub School of Law Professor Bridget J. Crawford in "New Epstein Victims"

08/26/19

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"France 24" featured Elisabeth Haub School of Law Professor Bennett Gershman in "Fresh Sexual Assault Allegations Could Delay Harvey Weinstein's Trial"

08/26/19

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"New York Post" featured Lubin School of Business Professor Joseph Salerno in "Rent Control Critics Warn About Eventual Destruction of New York City"

08/26/19

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"Patch" featured Pace Athletics in "Pace Offers Free Youth Football Clinic Aug. 24"

08/26/19

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"River Journal" featured Pace Athletics in "Pace University Hosts Free Youth Football Clinic"

08/26/19

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"News 12" featured Pace University Athletics in "Pace Offers Free Youth Football Clinic"

08/26/19

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"CBS News" featured Pace University's Elisabeth Haub School of Law Professor Bridget J. Crawford in "What We Know About Jeffrey Epstein's Will, And What Happens Next With His Estate"

08/22/19

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"Playbill" featured Pace University Performing Arts Students in "Laura Benanti, John Cariani, Gavin Creel, and Megan Hilty Join 2019 Broadway Back to School Lineup"

08/21/19

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"Channel 3000" featured Pace University Lubin School of Business Professor and Associate Dean, Randi Priluck, in "Instagram Got Us Hooked on Likes. What happens When They're Gone?"

08/21/19

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"River Journal" featured Pace University's latest appointment in "Pace University Names First Chief Diversity Officer"

08/21/19

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"Patch" featured Pace University's latest appointment in "Pace University Hires Its First Diversity Officer"

08/21/19

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"BBC News Reel" featured College of Health Professions Professor Christen Cupples Cooper, EdD, RDN in "Can we 3D print our food?"

08/20/19

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Press Release: Pace University President Marvin Krislov Names First Chief Diversity Officer

08/20/19

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"New York Real Estate Journal" featured Pace University in "GNYCUC holds 2019 Chairman’s Reception at The Underground"

08/20/19

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"The Daily Beast" featured Elisabeth Haub School of Law Professor Bridget J. Crawford in "Jeffrey Epstein's Will Leaves $577 Million to Mysterious Trust"

08/20/19

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"1010 Wins" featured Pace University's Small Business Development Center on "The Bottom Line with Small Business"

08/19/19

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"Epoch Times" featured Pace University in "4 Ways Texting Could Be Ruining Your Relationship"

08/19/19

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"Wall Street Journal" featured President Marvin Krislov's commentary in "College Programs Pay Off Handsomely"

08/18/19

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"Today’s Dietitian" featured Dr. Christen Cupples Cooper's piece: "Nutrition & Academic Performance"

08/16/19

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"Mother Jones" featured Pace University's Elisabeth Haub School of Law's Distinguished Criminal Justice Fellow Mimi Rocah in "National Enquirer Investigated by FBI Over Possible Saudi Influence Peddling"

08/16/19

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"The New York Times" featured the Schimmel Center at Pace University in "5 Dance Performances to See in N.Y.C. This Weekend"

08/16/19

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"Business Insider" featured Dyson College of Arts and Sciences Professor Leora Trub in "Millennials and Gen Z love their technology — but American seniors are actually spending the most time on their screens"

08/16/19

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"The New Yorker" featured Pace University’s Camp CryptoBot in "A Summer Camp for the Next Generation of N.S.A. Agents"

08/16/19

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"WorkplaceTV" featured President Marvin Krislov in "Marvin Krislov, Pace University's President, discusses his career path"

08/16/19