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education matters I think we all agree because youre sitting in a dark room all day long while it is a beautiful sunny fall day outside right so education can be transformative it was for me got the punch line because we got my bio already but my dad was a high school dropout and I have Im a professor Ive testified before Congress and Ive gone to the White House and I write for the New York Times and all of this would have been completely unimaginable for my mother and my father so education can be transformative I started doing research after I became an economist into educational inequality and as I did I learned that my experience was very unusual so not many kids have the kind of chance that I do if you look at my generation kids born in the 60s were not kids anymore who were then 19 percent of low-income kids would grow up to get a BA thats compared to 55 percent of kids who were born into high-income families today boosted a bit for the low-income kids its gone up to 29%