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Keeping the American Dream Alive: Is It Time to Close the Private Equity Divide?

Summary by Scbc-law.org
BackgroundYoung Americans are becoming increasingly skeptical of the American Dream. A 2024 study by the Pew Research Center found that only 42% of adults under fifty years old believe it is still possible to achieve the American Dream. Investopedia estimated the cost of the American Dream to be at $4.4 million in October 2024. Notably, this number is over a million dollars more expensive than its 2023 estimate. It is also over a million dollars…
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Keeping the American Dream Alive: Is It Time to Close the Private Equity Divide?

BackgroundYoung Americans are becoming increasingly skeptical of the American Dream. A 2024 study by the Pew Research Center found that only 42% of adults under fifty years old believe it is still possible to achieve the American Dream. Investopedia estimated the cost of the American Dream to be at $4.4 million in October 2024. Notably, this number is over a million dollars more expensive than its 2023 estimate. It is also over a million dollars…

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scbc-law.org broke the news in on Wednesday, April 2, 2025.
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