Which factor offers more opportunities for success in our society: education or
money and property? In my view, education has replaced money and property as the
main provider of such opportunities today. I base my view on two reasons. First,
education―particularly higher education―used to be available only to the wealthy but
now is accessible to almost anyone. Second, because of the civil-rights movement and
resulting laws, businesses are now required to hire on the basis of merit rather than the
kinds of personal connections traditionally common among the wealthy.
Education probably always played a key role in determining ones opportunities
for success. But in the past, good post-secondary education was available mainly to the
privileged classes. Because money and property largely determined ones access to
higher education, money and property really were the critical factors in opening doors to
success. However, higher education is more egalitarian today. Given our vast numbers
of state universities and financial-aid programs, virtually anyone who meets entrance
requirements for college can obtain an excellent college education and open up
windows of opportunity in life.
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