A new report from the Pew Charitable Trusts finds that 40% of Americans believe it is common for someone in the U.S. to start poor and become rich through hard work. But the report finds that 43% of Americans raised at the bottom of the income ladder do not rise above that level and 70% do not rise to the middle of the income ladder.
The report also finds that a college degree and whether a family has two incomes are factors that promote upward mobility. It also finds that whites are twice as likely to move up from the bottom of the income ladder as blacks are.
For more information, view charts and the full report.
