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.
Fed report says household borrowing is rebounding from Great Recession
Outstanding household debt increased $241 billion during last October-December, the biggest quarterly jump since 2007.
The Rising Cost of Not Going to College
College-educated Millennials are outperforming their less-educated peers on many economic measures. And the gap between the two groups is wider today compared with previous generations.
Anxious about the economy, more Americans worry about their jobs
About six-in-ten Americans worry that they will lose their jobs due to the current state of the economy.
Dow soars, but only about half of Americans will benefit
About half of all Americans own stocks, either directly or indirectly.
Five years after country’s fiscal crisis, wide partisan gap exists over financial regulation
The share of Republicans who say government regulation of financial institutions has gone too far is 38 percentage points higher than Democrats.
Americans perceive an uneven recovery — and they’re right
Americans have a pretty good sense of how well different aspects of the economy have — and haven’t — recovered from the Great Recession.
Doubts About U.S. Economy Persist
Five years after the stock market crash, a 63%-majority says that the U.S. economic system is no more secure today than it was before the 2008 crisis, while just 33% say that it is more secure. And most say household incomes and the job situation have improved little since the recession.
Black incomes are up, but wealth isn’t
Although household-income growth for African-Americans has outpaced that of whites since the 1960s, those gains haven’t led to any narrowing of the wealth gap between the races.
Are blacks as financially well off as whites? Depends on whom you ask
Despite large and persistent gaps between blacks and whites on virtually every indicator of economic well-being, about half of all whites say the average black person is about as well off financially or doing better than the average white person, according to a survey released last week by the Pew Research Center.