Pew’s financial security and mobility project studies the financial well-being of American families and how their balance sheets relate to both short-term financial stability and longer-term economic mobility. The initiative builds on Pew research that shows savings and assets are key to moving up the economic ladder, both within a lifetime and across generations. The project strives to foster policy debate and action on how best to improve opportunity to ensure that the American Dream is within reach of everyone.
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Although education continues to be a key driver of financial security, student debt is a substantial liability for many Americans and a growing concern for policymakers at all levels of government. Many borrowers successfully repay their loans and reap the financial benefits of postsecondary education, but a significant share is struggling to meet these obligations: The Consumer Financial... Read More
In the coming months, President-elect Donald Trump’s administration will present and refine its priorities for the next four years, recommending reforms for existing programs and outlining new policies. Recent research from The Pew Charitable Trusts has examined the health of American family finances, establishing an evidence base for the development of policies to improve the financial... Read More
Seven years after the Great Recession, many American families are still feeling economically vulnerable: More than half report that they are not financially prepared for the unexpected, and a third say they have no savings. Read More