Many Who Started in Middle Class Find Lifestyle Slipping Away
Joanne Spillman, 50, grew up in a large home in Denver's Park Hill neighborhood, never wanting for anything, and never anticipating she would achieve anything less in her life.
"We were middle class, and our needs were met," Spillman said. "I always figured I would grow up and live the same lifestyle."
But Spillman has struggled her whole adult life to reach the standard of living she once knew, a struggle that the recession and weak recovery have made much tougher.
Nearly three out of 10 Americans, 28 percent, born in the middle class drop out of it as adults, according to a recent study on economic mobility from The Pew Charitable Trusts.
Read the full article at denverpost.com.
- Economic Mobility Project