Ford-Supported Survey Finds Black, Hispanic Youth Less Likely To Get Money From Parents

Thursday, October 6, 2016

Ford-Supported Survey Finds Black, Hispanic Youth Less Likely To Get Money From Parents

More young blacks and Hispanics feel that they can't depend on family to help them with financial needs, from big-ticket items like college tuition to smaller expenses, than do whites or Asians, according to a new GenForward poll.

And more than half of millennials overall say an unexpected bill of $1,000 would cause them financial difficulty, a sign that young Americans are still struggling years after the end of the recession, according to the poll released this week.

This information comes from a new GenForward survey of young adults conducted by the Black Youth Project at the University of Chicago with the Associated Press-NORC Center for Public Affairs Research...

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