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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There is a growing recognition among Americans that moving up the income ladder in the United States can be challenging: As recently as 2014, only 23 percent of Americans believed that it’s common for someone to start poor, work hard, and become rich, which was down 16 percentage points from just five years earlier. Read More
Child care is essential for many American families, but most parents say they have difficulty finding affordable, high-quality care in their community, with the sentiment cutting across race, income, and educational background. The federal government helps families afford child care through a combination of tax credits and spending programs. Read More
The Post-9/11 Veterans Educational Assistance Act, or Post-9/11 GI Bill, enacted in 2008, continued a tradition of providing access to college, training, and other programs for former military personnel. The act made the most generous and comprehensive federal investment in veteran higher education in U.S. history. Then, in August 2017, the Harry W. Colmery Veterans Educational Assistance... Read More