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Expense Episodes

April 1, 2025

Inheritocracy: Are education and hard work less important now than parents?

Ask Rachel anything I grew up believing in a meritocracy; with hard work - and government funding of my university education - I eventually escaped a difficult home and poor schooling to succeed in journalism. But times have moved on, and the reality now is that getting a university education is no longer the gateway it used to be. In fact, according to generational expert and historian, Dr Eliza Filby, our life chances and opportunities are no longer shaped by what we learn or earn bu...

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