30% Owe More Money Than They Did Last Year
Nearly half of young Americans now say they owe more money than they did last year.
A new Rasmussen Reports national telephone survey finds that 30% of all American Adults say they owe more money than they did a year ago, while nearly as many (29%) say they owe less. Thirty-eight percent (38%) say their level of debt is about the same. That's consistent with findings for the last couple years. (To see survey question wording, click here.)
The survey of 1,000 American Adults nationwide was conducted on July 8-9, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.