For a poor kid, having wealthy friends is one of the strongest determinants of economic mobility later in life
We know friendships with our neighborsAnd now we know cross-class friendshipsThe study authors did a first-of-its-kind analysis of 72 million Facebook friendships between U.S. adults.If poor children grew up in neighborhoods in which 70% of their friends were rich, their future incomes would be 20% higher than their counterparts who grew up without these bonds across class lines.
For example, for people in the bottom 10% of the income distribution, only 2.5% of their friends are in the top 10%, Johannes Stroebel, an economist at NYU and one of the study authors, tells Axios. There are some cities that are doing better than others. In Salt Lake City and Minneapolis, nearly half of the friends of folks in the bottom half of the income distribution are in the top half. But in Indianapolis, only about 30% of poorer people's friends are rich.
And there are certain spaces where cross-class bonds are built more frequently, Stroebel says. Churches, temples and other religious spaces are in that category.There are big policies — like implementing school busing, diversifying college admissions by class, and increasing the availability of affordable housing — that can boost the prevalence of cross-class friendships.to people at your place of worship, your dog park or your grocery store.
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