Just as a college education is no longer a dependable way of improving one’s prospects, moving to a locus of opportunity like London or New York—and in some cases even living there—is no longer a guarantee of social mobility. Today students from the richest families have become the sole beneficiaries of this set of circumstances in the UK as well as the U.S. Their parents cover their education. Their networks help them find jobs. They have a different infrastructure of opportunity, one that has proved impervious to the impact of deindustrialization in the 1980s and recession more recently. The
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