Thursday, March 29, 2018

Research: the Steps to Success

An excellent Wall Street Journal article explains the "success sequence" - education, work, marriage, children - accomplished in that order. Author Wendy Wang writes:
Tracking a cohort of young adults from their teenage years to early adulthood in the National Longitudinal Survey of Youth, sociologist W. Bradford Wilcox and I recently tested how well the three success sequence “steps” work among the millennial generation. We found that at ages 28 to 34, 53% of millennials who had failed to complete all three steps were poor. The poverty rate dropped to 31% among millennials who completed high school, 16% among those who had a diploma and a full-time job, and 3% for millennials who also put marriage before the baby carriage. Among childless and unmarried millennials 28 to 34 who followed the education and work steps, the poverty rate was 8%.

In regression models that predict the odds of being in poverty after controlling for a range of background factors—including intelligence, childhood family income, race and ethnicity—the probability of ending up poor was reduced by 60% for millennials who married before having children and by about 90% for millennials who followed all steps of the sequence compared with those who missed all three.

More important, the success sequence benefits young adults from low-income backgrounds. Among young adults who grew up in low-income families, those who followed all three steps had a poverty rate of only 6%, compared with 35% for their peers who missed one or more steps. Eighty percent of those with lower-income backgrounds made it into middle- or upper-income brackets when they followed all three steps, versus only 44% for those who missed one or more steps.
Yep, this is something we've known anecdotally, and now have proof for. Would you be surprised that progressives find the success sequence repulsive and hateful? Neither would I. Their "it's all good" attitude created the current mess.