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Less than one hundreth of a percent have a college degree. However, over half of the world's people are literate and know how to read and do basic math (e.g., addition, subtraction, multiplication, division, etc.). Also, about a third live on less than $1 USD a day. A person who makes over $40,000 (somewhat average for a typical college graduate in the United States) is among the 1% wealthiest people in the world.

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