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Once an economic bedrock, ‘middle class’ feels unattainable to many

Young adults have been especially hard hit. A recent report from the Young Invincibles research group found that, since 2009, the share of impoverished young people has been higher than at any other point in the past 25 years. Since 2009, 16 percent of young people without children were in poverty, up 5 percentage points from the late 1990s. And as many as 23 percent of young parents were in poverty, an 8 percentage point increase. Larger debts driven by rapidly rising education costs have compounded their burden.” Read more at the Tampa Bay Times by clicking here.