Why do high-status parents tend to end up with high-status kids?

Father’s educational attainment is the best predictor of the educational attainment of the children. Educational attainment is highly correlated with income. Income is highly correlated with happiness indicators. So all these things tend to come in one package.

However, beyond that, what do parents teach their children that helps them become achievers? Is it an attitude? Is it a set of skills? Is it expectation? Or what?

Most importantly, how do you see this process working? Does education make you a better parent? Or is it only money and opportunity that matters?

It’a a lot to chew on, and any angle you want to take is fine.