Survey: Young Americans Concerned About Student Debt

November 14, 2011 | | Campus Progress |

There is broad concern about student debt and college affordability among young Americans–as well as support for Pell Grant funding–according to a recent survey.

Researchers found surprising homogeneity among respondents across social groups and levels of education.

To gather data for the survey, researchers interviewed 872 respondents aged 18 to 34. The survey was co-commissioned by the Institute for College Access and Success, Demos and Young Invincibles, a project by the Center for Community Change.
 
“Young adults today are the first generation, as a whole, facing downward economic mobility compared to their parents’ generation,” said Tamara Draut, vice president of policy and programs for Demos. “And today, as job quality has declined for all but those with college degrees, higher education is too often a debt-for-diploma system that puts an immediate obstacle in front of new graduates as they start their working lives, and makes it harder for many young people to complete their degrees.”