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The research of Till Von Wachter, the economist at Columbia University, suggests that not all people graduating into a recession see their life chances dimmed: those with degrees from elite universities catch up fairly quickly to where they otherwise would have been if they had graduated in better times; it is the masses beneath them that are left behind.

哥伦比亚大学的经济学家蒂尔·冯·瓦赫特的研究表明，并非所有在经济衰退期间毕业的人都会看到自己人生机会的减少：那些毕业于顶尖大学的人很快就能赶上原本在经济状况更好的时期毕业所应达到的水平；而他们之下的人群则被远远甩在后面。