Young Adults, Student Debt and Economic Well-Being

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].

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s