I'd say a lot of it is education, too, and its eventual effects on socioeconomic status. There are always exceptions but if you didn't get through algebra, you're probably not fully numerate and you're probably not going into better-paying career fields.
Little bit automatically skeptical of RAND -- they're known for their conservative bias. The fact that it was originated by economists also gives me pause -- of course, I'd need to see their actual methodology before I discount the study. But, I'm automatically slightly worried that there's an underlying attitude here of "People who make more money are just BETTER than the rest" along with the implication that income is due to math skills -- not the other way around, or due to an unmeasured or incorrectly controlled for variable*. Thus, why I'd need to see the methods and whatever charts give me a looksie at the actual data, but, my spider senses are tingling and thus I'm hesitant to accept the claims made at face value
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I will prove you all wrong and rule the world O_O
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