1. theweekmagazine:

BANKRUPT USAA numerical look at the average family’s financial struggles:
$126,400 Net worth of the median American family in 2007
$77,300 Net worth of the median family in 2010
40 Percentage drop in wealth over that three-year period
15.2 Median percentage of debt that was education-related in 2007
19.2 Median percentage of education-related debt in 2010
7 Percentage of Americans late on their debt payments in 2007
11 Percentage late on payments in 2010
The dwindling wealth of the American family: By the numbers

    theweekmagazine:

    BANKRUPT USA
    A numerical look at the average family’s financial struggles:

    $126,400 
    Net worth of the median American family in 2007

    $77,300 
    Net worth of the median family in 2010

    40 
    Percentage drop in wealth over that three-year period

    15.2 
    Median percentage of debt that was education-related in 2007

    19.2 
    Median percentage of education-related debt in 2010

    7 
    Percentage of Americans late on their debt payments in 2007

    11 
    Percentage late on payments in 2010

    The dwindling wealth of the American family: By the numbers

    theweek.com »

  2. Notes

    1. sociologist-gh reblogged this from theweekmagazine
    2. dojaa reblogged this from npr and added:
      american debt. capitalism in it’s current form is unsustainable. americans continue to live far beyond their means.
    3. alittlebitofeverythingglorious reblogged this from motherjones
    4. colide81 reblogged this from npr
    5. placitas reblogged this from motherjones
    6. gracefree reblogged this from motherjones
    7. missescargotpudding reblogged this from sass-raptor
    8. financialtalks reblogged this from kiplinger
    9. kiplinger reblogged this from theweekmagazine
    10. kyokutannataikutsu reblogged this from theweekmagazine
    11. im-going-to-go-sleep-now reblogged this from npr
    12. braens reblogged this from theweekmagazine
    13. awesomeocelot reblogged this from theweekmagazine
    14. mistywinds32 reblogged this from theweekmagazine
    15. tumblsizing reblogged this from npr
    16. anindiscriminatecollection reblogged this from motherjones
    17. jiggajt reblogged this from npr and added:
      Wealth Decline
    18. dear-laughing-doubters reblogged this from motherjones
    19. once-a-haggerty reblogged this from 2012swingstates and added:
      And what this feels like is so much worse. WORKING WORKING WORKING with nothing to show for it.
    20. ohokaybueno reblogged this from npr
    21. 2012swingstates reblogged this from theweekmagazine
    22. mustachetheatrics reblogged this from theweekmagazine
    23. jambos6 reblogged this from whenindoubtapplymoreglitter
    24. poemazul reblogged this from npr
    25. strawhatlouis reblogged this from theweekmagazine
    26. leesabsalcedo reblogged this from npr
    27. sacrebleuth reblogged this from truth-has-a-liberal-bias

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