Young Adults, Student Debt and Economic Well-Being. Pew Research Social & Demographic Trends. Richard Fry. May 14, 2014.
Student debt burdens are weighing on the economic fortunes of younger Americans, as households headed by young adults owing student debt lag far behind their peers in terms of wealth accumulation, according to the analysis of government data. About four-in-ten U.S. households (37%) headed by an adult younger than 40 currently have some student debt–the highest share on record, with the median outstanding student debt load standing at about $13,000. [Note: contains copyrighted material].
[PDF format, 23 pages, 393.57 KB].