5 key findings about student debt
A record 37% of young households had outstanding student loans in 2010 and a median student debt of $13,000.
More Hispanics, blacks enrolling in college, but lag in bachelor’s degrees
From 1996 to 2012, college enrollment among Hispanics ages 18 to 24 more than tripled (240% increase), outpacing increases among blacks (72%) and whites (12%).
For Millennials, a bachelor’s degree continues to pay off, but a master’s earns even more
Millennials are the nation’s most educated generation in history in terms of finishing college. But despite the stereotype that today’s recent college graduates are largely underemployed, the data show that this generation of college grads earns more than ones that came before it.
New census data show more Americans are tying the knot, but mostly it’s the college-educated
Marriage is back – at least, a little bit, and with some caveats.
Millennials still lag in forming their own households
Though the nation is officially four years into “economic recovery,” a new Pew Research Center analysis of recently released Census data suggests that most Millennials are still not setting out on their own.
Household wealth has yet to recover
Until the housing market and home equity levels fully recover, the typical American household still has a ways to go.
The growing economic clout of the college educated
For the first time on record, nearly one out of every two dollars in aggregate U.S. household income went to the college educated.