Article 5V9XP The super-rich live on a different planet. Their thoughts on US salaries prove it

The super-rich live on a different planet. Their thoughts on US salaries prove it

by
Arwa Mahdawi
from US news | The Guardian on (#5V9XP)

A tweet from a professor at Wharton School reveals students in one class believed the average American makes over six figures

It costs over $100,000 a year to attend the Wharton School at the University of Pennsylvania. I don't know what you get for that money exactly but insights into the everyday economy clearly aren't on the syllabus. Nina Strohminger, an assistant professor at Wharton School recently asked her students how much they reckoned the average American makes a year. A quarter of the class, she reported in a viral tweet, thought it was over six figures; one student thought it was $800,000. The real figure? Around $53,838, according to figures from the Social Security Administration (SSA) last year.

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