The growing pile of student-loan debt has become a significant burden for millions of Americans, particularly younger people. Not only is the overhang of student debt impeding wealth accumulation among younger adults, as a new Pew Research Center report concludes, but more and more Americans are having trouble paying down their student loans on time.
In 2012, according to analysis by the Federal Reserve Bank of New York, more than 30% of student-loan borrowers who moved into their repayment cycles were delinquent (that is, they’re 90 days or more behind in their payments), up from 20% just eight years earlier. That “effective delinquency rate,” which excludes people who aren’t yet on the hook to start repaying their loans, has risen among all age groups but is highest among borrowers younger than 30: 35% of that subgroup was delinquent in 2012. Read More →
Veterans Affairs Secretary Eric Shinseki is expected to come under sharp questioning at a Senate panel today about case backlogs handled by his department, including reports that veterans have died while awaiting treatment. Among Shinseki’s critics is the head of the American Legion, Daniel Dellinger, who last week called for his resignation. Read More →
The complex issue of net neutrality is not likely to be dinner conversation for many in the U.S. Still, the Federal Communications Commission vote expected today could dramatically impact the flow of digital content Americans receive, not to mention the bottom line for many major U.S. technology and content companies.
So, where could the public find news about this issue? A new analysis of media attention to the topic from January 1 – May 12, 2014 finds coverage in national television news all but absent, and sparse in most major newspapers. Instead, during key developments, interested members of the public turned to Twitter and online searches to learn more or share their own insights.
Net neutrality is the principle that all digital information should be treated equally by companies that provide the cables and networks that make up the Internet. The FCC is expected to vote today on whether to propose new rules announced last month by Chairman Tom Wheeler that included a “fast track” provision which would allow Internet Service Providers (ISPs) to charge companies fees for faster access to the ISP’s customers. The decision could impact the speed and quality of different kinds of digital content (such as video and music) that consumers receive. It could also dramatically affect the economics and balance of power of technology and content companies – so much so that 150 technology companies, including Google, Amazon and Twitter, signed on to a letter that strongly opposed the new rules. Read More →
As the EU prepares for next week’s European Parliament elections, anti-immigrant and anti-minority sentiments are running high, especially on the political right. Political parties such as Britain’s UKIP, France’s National Front, and Greece’s neo-Nazi Golden Dawn have made opposition to immigration a cornerstone of their populist platforms. And as a recent Pew Research Center poll illustrates, there is clearly a base of support for anti-immigration appeals in many European countries.
Among the seven nations surveyed, Greeks and Italians express particularly negative views about immigration. Eight-in-ten or more in both countries want less immigration, as do majorities in France and the UK. Public opinion is more closely divided in Spain, Germany and Poland, between those who want fewer immigrants admitted to their countries and those who say current levels should stay about the same. However, there is very little desire for allowing more immigrants in any of these seven nations – the percentage who hold this view ranges from 14% in Germany to only 1% in Greece.
Views on immigration are strongly linked to ideology. In six of the seven nations polled, respondents who place themselves on the right of the political spectrum are significantly more likely than those on the left to favor reducing immigration. The right-left gap is especially large in France, where 73% of those on the right want fewer immigrants, compared with 40% of people on the left.
A sharp rise in the number of immigrants living in the U.S. in recent decades serves as a backdrop for the debate in Congress over the nation’s immigration policies. In 1990, the U.S. had 19.8 million immigrants. That number rose to a record 40.7 million immigrants in 2012, among them 11.7 million unauthorized immigrants. Read More →
Student debt is the only kind of household debt that continued to rise through the Great Recession, eclipsing credit card debt to become the second largest type of debt owed by American households, after mortgages. According to a new Pew Research report, a record 37% of young households had outstanding student loans in 2010, up from 22% in 2001 and 16% in 1989. The median student debt owed by these young households was $13,000. Here are 5 key findings about young households with student debt.
1 College-educated households with student loans to repay have a lower net worth than those with no student debt. Young college-educated households with no student debt have the highest net worth by far. They have about seven times the net worth of households with student debt. Non-college educated households with outstanding student debt are in the worst position in terms of wealth accumulation. They lag behind their fellow student debtors who graduated from college, and they also trail young adults without a college degree who are free of student debt.
The opening ceremonies on Thursday for the National September 11 Memorial Museum offers another opportunity to reflect on how the 2001 terrorist attacks on the World Trade Center and the Pentagon reshaped Americans’ views of themselves and their country. (The museum, located at the Ground Zero site in lower Manhattan, opens on May 15 to survivors of the attacks, family members of those killed, rescue and recovery workers and others closely connected to the attacks; it opens to the general public on May 21.)
The 9/11 attacks imprinted themselves on Americans’ psyches in a way few other events in living memory have. In an August 2011 Pew Research survey, 97% of Americans who were at least eight years old when the attacks happened said they remembered exactly where they were or what they were doing when they heard the news. The only event with that kind of recall was President Kennedy’s assassination in 1963 (95%). Other notable events, from the 1969 moon landing to Osama bin Laden’s killing, ranked well behind. In a December 2009 poll, 53% of Americans picked the 9/11 attacks as the most important event of the previous decade.
Beyond the human toll — nearly 3,000 people died aboard the four hijacked airplanes, at the World Trade Center and at the Pentagon — the attacks struck deeply at Americans’ sense of security. In the 2011 poll, 75% of people reported that they’d been emotionally affected “a great deal” by 9/11, compared with 67% a year after the attacks; 61% said life in America had changed “in a major way” since the attacks, up from half who said that in 2002.
One thing that’s changed is Americans’ sense of whether another 9/11-style terror attack is possible. Almost a year after 9/11, 34% of people said terrorists had less ability to launch another major attack on the United States than before 9/11, compared with 22% who said they had greater ability and 39% who said it was about the same. As we continued asking that question over the years, those percentages have shifted up and down, but the trend has been toward greater concern: In November 2013, the most recent time we asked this question, 34% said terrorists’ ability to launch a major attack was now greater than it had been prior to 9/11, compared with 29% who said less and 36% who said it was about the same.
Same-sex marriage is now legal in Washington, D.C., and 17 states (and Arkansas will join them, if a lower-court judge’s ruling last week is upheld). Now the federal government’s task is to produce an accurate count of same-sex married couples.
Acknowledging a “very serious problem” of flawed same-sex marriage data, the U.S. Census Bureau is testing new marriage and relationship questions on its surveys in hopes of producing more accurate numbers in the next few years. According to a presentation earlier this month, the bureau found problems with the data “much worse” than the agency expected. Read More →
Support for the European Union may be rebounding just in time for the European Parliament elections, according to a new survey by the Pew Research Center. But, as voters head to the polls beginning May 22, publics across Europe overwhelmingly think that their voice is not heard in Brussels, home to the EU. And concern about immigration adds to the public’s disgruntlement.
Here are some of the key takeaways from the survey conducted in seven European Union member countries – France, Germany, Greece, Italy, Poland, Spain and the United Kingdom: Read More →
By nature, Americans are an optimistic lot. Despite their resolutely negative opinion of economic conditions, majorities have consistently said that next year things will get better. Indeed, a Pew Research Center in-depth analysis in 2013 for the Council on Foreign Relations’ Renewing America initiative concluded that “despite the American people’s struggles with this extended period of economic difficulty, their core values and beliefs about economic opportunity, and the nation’s economic outlook, remain largely optimistic.”
Yet, the public has somewhat conflicted views about the economic prospects for the next generation. When asked about the future prospects of “children today,” Americans generally said that when today’s kids grow up, they would be worse off financially than their parents. Nearly two-in-three respondents expressed that view in a Pew Research Center survey conducted in spring 2013. It is an opinion that was shared by rich and poor, young and old, men and women. Similar if not greater pessimism was also apparent in 10 of 13 advanced nations polled by Pew Research’s Global Attitudes Project.
While this is a pretty glum judgment about what lies ahead for today’s children, Americans’ optimism resurfaces when people are asked about their own kids. In 2012, despite the hard times of recent years, a plurality (42%) said that their own children will be better off, and an additional 19% say their children will be at least as well off as they are. Just 28% percent thought their own children will be worse off than they are when they reach adulthood. Less affluent segments of the public, including women, the less well-educated, Latinos and African Americans were particularly more likely to think that their children will be better off financially than they have been. There is a partisan divide as well, with more Democrats than Republicans, and in particular, Tea Party members, expecting their children to be better off than they have been. Read More →