In 2012, for the first time ever, one-third of the nation's 25 to 29-year-olds have completed at least a bachelor's degree. College completion is also now at record levels among key demographic groups.
Despite a slowly improving economy, about four-in-ten adults (38%) say they are not confident that they will have enough income and assets for their retirement, up from 25% at the end of the Great Recession in 2009.
Tests show that if Americans were not required by law to respond to census surveys response rates would drop significantly and the cost of obtaining reliable data would rise considerably.
Student debt has increased in nearly every demographic and economic category since 2007, as has the size of that debt. The burden of student debt is greatest for the young and the poor.
When the national conversation focuses on class, the social safety net and the distribution of wealth as it has in the past week, the public sees clear differences between Barack Obama and Mitt Romney, and Obama has an overall advantage.
The median income of American households decreased by as much in the two years after the official end of the Great Recession as it did during the recession itself. The current recovery is the worst for household income for any post-recession period in decades.
The percentage of Americans who say they are in the lower-middle or lower class has risen from a quarter of the adult population to about a third in the past four years, according to a national survey of 2,508 adults by the Pew Research Center.
Americans do not rate their personal finances any better –or worse – than they did when Barack Obama took office nearly four years ago. And while income is a major factor in people’s views of their personal finances, so too is their partisan affiliation.
Americans believe that having a secure job is by far the most important requirement for being in the middle class, easily trumping homeownership and a college education, according to a new nationwide Pew Research Center survey of 2,508 adults.
As Republicans gather for their national convention in Tampa to nominate a presidential candidate known, in part, as a wealthy businessman, a new nationwide Pew Research Center survey finds that many Americans believe the rich are different than other people.