Is College Worth It?
Americans have mixed views on the importance of having a degree. 47% say the cost is worth it only if someone doesn’t have to take out loans.
Numbers, Facts and Trends Shaping Your World
Americans have mixed views on the importance of having a degree. 47% say the cost is worth it only if someone doesn’t have to take out loans.
The 2020 census counted 126.8 million occupied households, representing 9% growth over the 116.7 million households counted in the 2010 census.
In the U.S., the racial and ethnic wealth gap has evolved differently for families at different income levels since the Great Recession.
Homeownership in America stands at its lowest level in at least 20 years. The decline has been more pronounced among households headed by young adults, blacks and those in the lower income tier.
The American middle class is losing ground in metropolitan areas across the country, affecting communities from Boston to Seattle and from Dallas to Milwaukee.
After more than four decades of serving as the nation’s economic majority, the U.S. middle class is now matched in size by those in the economic tiers above and below it.
During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau […]
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]
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 latest estimates from the Census Bureau show that the median income for U.S. households in 2011 was $50,054.[1. DeNavas-Walt, Carmen, Bernadette D. Proctor, and Jessica […]
Chapter 1: Overview As the 2012 presidential candidates prepare their closing arguments to America’s middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith […]
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