Americans Without College Degree Report Worsening Finances

Wochit Headline News - May 19, 2017

A new survey released by the Federal Reserve on Friday revealed that the overall financial situation of U.S.

households continues to improve, but Americans without a college degree feel they are struggling more compared to a year previously.

Forty percent of respondents with a high school degree or less said they were struggling financially, one percentage point more than in 2015, at a time when those with more education felt their situation had improved.

Seventeen percent of those with a college education described themselves the same way.

Former manufacturing towns helped propel President Donald Trump to the White House last November and there have been growing concerns over the lack of well-paying jobs for those without a college degree..

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