from Dr Sherry Cooper BMO Fiancial Group

Studies show that the majority of the top echelon of income earners in coming years will likely be the progeny of that same group today. Those are the ones that are more likely to be exposed in their childhood to technology, books and travel, to go to the best schools and universities, and to leave those institutions with a manageable level of debt or no debt at all. They are far more likely to find decent jobs upon graduation, although even many in this group will suffer post-graduation unemployment, at least for some time.