About half of young people in the United States expect to be more financially successful than their parents, a new study finds. This may be a sign that the dream of upward mobility lives on, even if not everyone believes in it. The study comes from the Associated Press-NORC Center for Public Affairs and the media company MTV. Researchers questioned 580 Americans from ages 15 to 26, as well as 591 parents of people in that group. The study found that around half of the young people think they will have stronger household finances than their parents. About 29 percent expect to do as well financially as their parents. Twenty percent expect to do worse. Parents were a little more hopeful: 60 percent think their children will do better than they themselves did. The 60 percent included parents of all earning levels. Twelve percent of parents said that they felt their children might do worse. It is no longer a guarantee that children will be able to improve upon the financial situation in which they grew up.
Title: Half of Young Americans See Better Financial Future, Study Finds
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/779a04a6-e665-4f26-b73e-7c356c87bd7a_hq.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Half of Young Americans See Better Financial Future, Study Finds' data-article-id='3424'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='12896'>About half of young people in the United States expect to be more financially successful than their parents, a new study finds.</span> <span data-start-time='12896' data-end-time='20208'>This may be a sign that the dream of upward mobility lives on, even if not everyone believes in it.</span> <span data-start-time='20208' data-end-time='31083'>The study comes from the Associated Press-NORC Center for Public Affairs and the media company MTV.</span> <span data-start-time='31083' data-end-time='43813'>Researchers questioned 580 Americans from ages 15 to 26, as well as 591 parents of people in that group.</span> <span data-start-time='43813' data-end-time='53500'>The study found that around half of the young people think they will have stronger household finances than their parents.</span> <span data-start-time='53500' data-end-time='60125'>About 29 percent expect to do as well financially as their parents.</span> <span data-start-time='60125' data-end-time='63625'>Twenty percent expect to do worse.</span> <span data-start-time='63625' data-end-time='72958'>Parents were a little more hopeful: 60 percent think their children will do better than they themselves did.</span> <span data-start-time='72958' data-end-time='77729'>The 60 percent included parents of all earning levels.</span> <span data-start-time='77729' data-end-time='83688'>Twelve percent of parents said that they felt their children might do worse.</span> <span data-start-time='83688' data-end-time='92500'>It is no longer a guarantee that children will be able to improve upon the financial situation in which they grew up.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/2856/8D9680A1-C085-4F2B-B410-F2DD313A287D_cx0_cy6_cw0_w1023_r1_s.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=11683 data-hint-location='12896' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/what_is_upward_mobility.wav'>What is upward mobility?</div><div class='choices' data-correct-choice='the ability to move into a higher social or economic position'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/not_being_able_to_move_into_a_higher_social_and_economic_position.wav'><span>not being able to move into a higher social and economic position</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/not_being_able_to_read.wav'><span>not being able to read</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/not_being_able_to_afford_to_pay_taxes.wav'><span>not being able to afford to pay taxes</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/the_ability_to_move_into_a_higher_social_or_economic_position.wav'><span>the ability to move into a higher social or economic position</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=11684 data-hint-location='0' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/about_half_of_young_people_in_the_united_states_expect_to_be_more_financially_successful_than_who.wav'>About half of young people in the United States expect to be more financially successful than who?</div><div class='choices' data-correct-choice='their parents'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/their_grandparents.wav'><span>their grandparents</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/their_parents.wav'><span>their parents</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/their_siblings.wav'><span>their siblings</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/their_children.wav'><span>their children</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=11685 data-hint-location='77729' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/twelve_percent_of_parents_said_that_they_felt_their_children_might_do__blank_.wav'>Twelve percent of parents said that they felt their children might do <span class='blank'>worse</span>.</div><div class='choices' data-correct-choice='worse'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/ceramics.wav'><span>ceramics</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/better.wav'><span>better</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/math.wav'><span>math</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2856/worse.wav'><span>worse</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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