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Manno for EducationNext: The Social Wealth Gap

  • March 17, 2026
  • Bruno Manno

In today’s economy, what you know still matters, but who you know—and who knows you—matters just as much.

Young people from affluent, well-connected families often inherit a quiet advantage that includes access to mentors, family friends, alumni networks, and managers who can offer advice, open doors, and vouch for them. Their peers from low-income or first-generation immigrant families are more likely to graduate socially impoverished. They earn their diploma but lack the relationships that turn credentials into opportunity.

Call it America’s social wealth gap.

We talk endlessly about the deficits K–12 and college students have in learning, skills, and finances. We talk much less about the missing ingredient that converts credentials into a career: social capital. If education leaders and policymakers want to expand opportunity and strengthen the talent pipeline, they have to treat students’ relationships—not just their diplomas and resumes—as critical infrastructure.

Read more in EducationNext

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