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.
What is upward mobility?
not being able to move into a higher social and economic position
not being able to read
not being able to afford to pay taxes
the ability to move into a higher social or economic position
About half of young people in the United States expect to be more financially successful than who?
their grandparents
their parents
their siblings
their children
Twelve percent of parents said that they felt their children might do worse.
ceramics
better
math
worse