Description

Intergenerational mobility is an important measure of well-being that underlies a fundamental value: that anyone should be able to succeed economically based on their own merits, regardless of their circumstances. This has been a value held by many Americans throughout U.S. history, even as many observers may rightly argue that it has been, at times and for many groups, severely constrained. For all the emphasis placed on mobility in the United States, the chances Americans have of doing better than their parents and their chances of succeeding economically regardless of the advantages of birth are not higher than in other wealthy countries.

This report provides a forward-looking framework for data, research, and policy initiatives to boost upward mobility and better fulfill promises of opportunity and advancement for all members of U.S. society. The report focuses on key domains that shape mobility, including early life and family; the spaces and places where people live and work; postsecondary education; and credit, wealth, and debt. It also discusses the data infrastructure needed to support an extensive research agenda on economic and social mobility.