Numbers, Facts and Trends Shaping Your World

Richard Fry

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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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    The Rising Age Gap in Economic Well-Being

    Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century.