The Changing Profile of Student Borrowers
In 2012, a record 69% of the nation’s new college graduates had taken out student loans to finance their education. Graduates from more affluent families are much more likely to borrow today than 20 years ago.
Young Adults, Student Debt and Economic Well-Being
Student debt burdens are weighing on the economic fortunes of today’s young adults. Among the college-educated, those with outstanding student debt are lagging far behind those who are debt free in terms of household wealth.
The Rising Cost of Not Going to College
For those who question the value of college in this era of soaring student debt and high unemployment, the attitudes and experiences of today’s young adults—members of the so-called Millennial generation—provide a compelling answer.
College-Educated Americans Take Bigger Share of the Income Pie
This links to a posting about the growing share of U.S. household income that goes to college-educated households, who take home a disproportionate share of aggregate income.
A Rising Share of Young Adults Live in Their Parents’ Home
In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, the highest share in at least four decades. The number of young adults doing so has risen by 3 million since the start of the start of the recession in 2007, an increase driven by a combination of economic, educational and cultural factors.
Record Shares of Young Adults Have Finished Both High School and College
Record shares of young adults are completing high school, going to college and finishing college, according to a Pew Research Center analysis of newly available census data. 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. These across-the-board increases have occurred despite dramatic […]
Higher Achievements: U.S. High School and College Completion Rates Continue to Climb
Record shares of young adults are completing high school, going to college and finishing college. 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.
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.
Hispanic College Enrollment Grows Sharply
A new Pew Hispanic Center report, using census data, documents a 24% increase in college enrollment from 2009 to 2010 by Hispanics ages 18-24, and compares the statistics for Hispanics with those of other groups.
Gender and Education
The gender gap in college education is the subject of a new Pew Research Center report that includes analysis of public opinion data and of Census Bureau statistics. Women surpass men among recent college graduates, and women also have a more positive view of the value of a college education. The report includes Current Population […]