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Debt | Distribution of Wealth & Income | Middle Class

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November 29, 2007

Middle-Class Families in United States At Financial Risk

Two Out of Three Are Financially Shaky

By Shirley Gregory

Two out of every three middle-class families in the U.S. is on shaky financial ground or at risk of completely falling out of the middle class, according to a new study from Demos and the Institute for Assets and Social Policy (IASP) at Brandeis University.

Researchers at Demos, a non-partisan policy center, and IASP reached that conclusion based on a new index they developed to track middle-class security. The security index assesses household stability using data on assets, education,
Middle-Class Families in United States At Financial Risk
housing costs, budgets and healthcare.

 

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