Numbers, Facts and Trends Shaping Your World

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    A Record One-in-Five Households Now Owe Student Loan Debt

    About one out of five (19%) of the nation’s households owed student debt in 2010, more than double the share two decades earlier and a significant rise from the 15% that owed such debt in 2007. A record 40% of all households headed by someone younger than age 35 owed student debt in 2010.

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    Chapter 7: Income and Wealth, by Income Tier

    Overview This chapter examines trends in the well-being of lower-, middle- and upper-income groups through the prisms of income and wealth.[38. numoffset=”38″ The trends in income in this report are based on pre-tax household income reported in the Current Population Survey. Some researchers have amended the data to account for non-cash benefits, tax transfers and […]

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    The Lost Decade of the Middle Class

    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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    Chapter 3: Middle-class Economics

    Over the past decade, the Great Recession, a housing market collapse, an unemployment surge and an anemic recovery have squeezed the middle class. An overwhelming majority of middle-class Americans (85%) say it is more difficult today than 10 years ago for those in the middle class to maintain their standard of living, according to a […]

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    Main Findings: Influence of Big Data in 2020

    Respondents’ thoughts One major sign of the sanctification of Big Data as a topic of interest with vast potential emerged in March this year when the National Science Foundation and National Institutes of Health joined forces “to develop new methods to derive knowledge from data; construct new infrastructure to manage, curate and serve data to […]

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