The Economic State of Young America

Publication of a new "Economic State of Young America" report that provides benchmarks for understanding the economic conditions experienced by young adults in America-and evidence of long-term destabilization across key economic factors, including: - The flat income and unstable job trends among today's young workers--also examining poverty rates, unemployment trends by race, quality of work, insurance rates, and incarceration rates by race. - The rapid proliferation of debt--examining student loan debt and its impact on wealth and savings, the rapid growth of credit card debt, and the overall rates of "debt hardship." - The tightening of access to a college education--examining the costs of college, trends in enrollment by race and income, and rates of college completion and degree attainment. - The skyrocketing costs of housing--examining the growing trend of young adults living at home with parents, the rent-to-income ratio, and homeownership rates by race. - The costs of raising a family--examining employment trends in two-parent households and trends among young working mothers, as well as the cost and type of child care commonly used.