To Be, or Not to Be (Middle Class America)

To Be, or Not to Be (Middle Class America)

The FMA Team

In a 2016 survey the Pew Research Center conducted on homeownership in America, the leading four questions were:

  1. Do you need to own a home to be considered part of the middle class?
  2. Do you need a secure job to be considered part of the middle class?
  3. Do you need a college education to be considered part of the middle class?
  4. Do you need to be able to save money for the future to be considered part of the middle class?

Here are the results:

This poll suggest that Americans are virtually split down the middle on homeownership, with about 51% answering they do consider owning a home a prerequisite, and about 46% saying they do not. I think we all agree that achieving stable employment and being able to save money is very important for socio-economic mobility.

But the answer that surprised us most was that 71% of Americans do not believe you need a college degree to be a part of the middle class. We agree, that it is not a pre-requisite, but the importance of a college degree in influencing class mobility cannot be understated. What do you think? Let us know in the comments section!

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