Part 8/11:
As the video essay explores, even college admissions processes favor the affluent. Studies indicate that children from wealthy families are far more likely to attend elite institutions like Ivy League colleges, simply because of their parents’ influence and financial clout. This trend perpetuates the cycle of privilege, leaving countless capable students marginalized.
The Burden of Caregiving
Generational wealth impacts not only initial opportunities but also the responsibilities one faces in adulthood. The burden of caring for aging parents falls squarely on the shoulders of those who have no familial backup, with statistics revealing that many adult children sacrifice significant earnings to care for their parents or grandparents.