For those who didn't go to prestigious schools, don't come from money, and aren't interested in sports and booze—it's near impossible to gain access to the best paying jobs.
As income inequality in the U.S. strikes historic highs, many people are starting to feel that the American dream is either dead or out of reach. Only 64 percent of Americans still believe that it’s possible to go from rags to riches, and, in another poll, 63 percent said they did not believe their children would be better off than they were. These days, the idea that anyone who works hard can become wealthy is at best a tough sell.
This growth in inequality has also sparked a national fascination in the so-called 1 percent. Namely, who are they? And how much money does one need to be part of this elite group? While the number varies by age (and there’s some geographical variation), in 2010 it took an income of $332,000 to be in the top 1 percent of U.S. households.