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:
- Do you need to own a home to be considered part of the middle class?
- Do you need a secure job to be considered part of the middle class?
- Do you need a college education to be considered part of the middle class?
- 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!