The American dream remains a desirable goal for many young people, but financial challenges make it seem unattainable, according to a recent study by the Center for Scholars & Storytellers at UCLA. The survey included 1,500 individuals aged 14-27 and found that while 86% of respondents still aspire to achieve the American dream, more than half believe it is difficult due to economic barriers.
The report highlights that those from lower socioeconomic backgrounds are less optimistic about achieving the American dream, aligning with previous findings from Pew Research regarding lower-income Americans. “Young people today still really want financial security and independence, but many feel like the cards are stacked against them and the system is rigged,” said Yalda Uhls, adjunct professor in psychology at UCLA and CEO of CSS.
Social media emerged as a significant influence on perceptions of the American dream, with 50% of participants ranking it above other forms of media. Notable figures such as Elon Musk and Donald Trump were frequently mentioned as inspirational figures. In contrast, traditional aspects like homeownership ranked lower when redefining the American dream; good mental and physical health were prioritized instead.
Atlas Burrus commented on this shift in priorities: “For many people in my generation, homeownership feels completely out of the realm of possibility.” This sentiment reflects broader concerns among young people about their future prospects.
Furthermore, over half (54%) expressed a desire for more realistic portrayals of financial issues in movies and TV shows. Alisha Hines, CSS research director, emphasized the importance of relatable storytelling: “Engaging young audiences will require making stories that they can relate to.”
