Study: 48 Percent of Millennials Think The American Dream is Dead

The Washington Post reports on the Harvard Institute of Politics’ recent survey of millennials and explores why nearly half think the American Dream is dead.

When Harvard’s Institute of Politics asked 18- to 29-year-olds if they considered the American dream to be alive or dead, the result was an even split. About half said they considered the American dream alive and well for them personally. About half said it was dead as a doornail.

Particularly in light of data released on Thursday by Pew Research. Pew found that the beating heart of the American dream, the middle class, has shrunk significantly over the past 40 years.

No wonder, then, that young Americans are skeptical of their ability to get ahead.

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