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The American dream feels impossible for many young voters, who see no political fix

The American dream feels impossible for many young voters, who see no political fix

Summary

Many young American voters feel uncertain about their future and are unhappy with political leaders. Rising costs, debts, and small wage increases are making economic goals hard to reach. These issues are negatively impacting their trust in the government.

Key Facts

  • Young voters, including Generation Z and millennials, feel pessimistic about their economic situations.
  • Many of these voters report their concerns about economic issues are not adequately addressed by political leaders.
  • Rising costs and debts are key financial challenges for young Americans.
  • There is a notable lack of trust in government institutions among people aged 18 to 29.
  • Less than 20% of young people believe democracy is working well for them.
  • Economic goals like homeownership and family planning are increasingly seen as less achievable.
  • The median age for buying a first home in 2024 is 38, significantly older than in the early 1990s.
  • Student loan and mortgage debts are more common among younger generations compared to older ones.

Source Information