Is the Middle Class Slip, Sliding Away?

Education, particularly going to college, is a crucial factor in people’s economic stability, according to a new report by the Pew Charitable Trusts.

Picket_FenceNearly one in three Americans who grew up middle-class has slipped down the income ladder as an adult, according to a new report by the Pew Charitable Trusts.

Downward mobility is most common among middle-class people who are divorced or separated from their spouses, did not attend college, scored poorly on standardized tests, or used hard drugs, the report says.

“A middle-class upbringing does not guarantee the same status over the course of a lifetime,” the report says.

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Source: Michael A. Fletcher | The Washington Post