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A university graduation ceremony in Ottawa, Canada (2016) Elite overproduction is a concept developed by Peter Turchin that describes the condition of a society that is producing too many potential elite members relative to its ability to absorb them into the power structure.
There is considerable debate as to how the upper middle class might be defined. According to Max Weber, the upper middle class consists of well-educated professionals with graduate degrees and comfortable incomes. The American upper middle class is defined using income, education, occupation and the associated values as main indicators. [2]
Person Known for Degree Field Institution Chad Allen: Actor Psy.D. Clinical psychology: Antioch University New England [1] [2]: Robert Allan: Member of the band Glasvegas: PhD
Notably, the gap in expenditures was at its greatest among highly educated families like those populating the California suburbs that Boustan studied. Asian parents with graduate degrees spent 22 ...
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In academic models, the term "upper middle class" applies to highly educated, salaried professionals whose work is largely self-directed. Many have postgraduate degrees, with educational attainment serving as the main distinguishing feature of this class. Household incomes commonly exceed $100,000 ($163,000 in 2024 dollars). [5]
Dilton is depicted as a stereotypical nerdy teenager; he is highly educated, interested in academic subjects, especially science, speaks in detailed and superfluous language, wears glasses, and is shorter than his friends. It is also stated that he has an IQ of 198 when Archie and the gang all take part in a class IQ test.
Despite being a highly educated generation with staggering student loan debt, millennials look past these longer-term costs and instead choose to live in the moment, experts agree.