Contribute
CONNECT:

research

Obama By The Numbers

- May 14, 2014

As College Graduates Prepare To Enter The Workforce, A Look At The Economy And Legacy Obama Has Left For Them

$17.5 Trillion:

Total Debt Under Obama As Of May 13, 2014. (U.S. Treasury Department, Accessed 5/13/14)

$6.8 Trillion:

Amount Of Debt Obama Has Added To The Federal Debt Since Becoming President. (U.S. Treasury Department, Accessed 5/13/14)

$1.1 Trillion:

Total Student Debt Held By Americans In The First Quarter of 2014. (Federal Reserve Bank of New York, Accessed 5/6/14)

$21.4 Billion:

Earnings Lost By 20-To-24-Year Olds Due To The Recession. ( Young Invincibles , 1/14)

16.6 Million:

The Number Of 18-To-24-Year Olds Living At Home With Their Parents In 2013, 55.3 Percent Of All 18-To-24-Year Olds. (U.S. Census Department, Accessed 5/13/14)

6.1 Million:

18-To-24-Year Olds Below The Poverty Level. (U.S. Census Department, Accessed 5/13/14)

5.8 Million:

Young Adults Neither Working Nor In School. ( Young Invincibles , 1/14)

1.3 Million:

The Increase In The Number Of Americans Working Part-Time In Obama's Economy Since 2008. (U.S. Census Department, Accessed 5/13/14)

1.1 Million:

The Number Of New People Earning At Or Below The Minimum Wage In The Obama Economy Since 2008. (Bureau Of Labor Statistics, Accessed 5/13/14; Bureau Of Labor Statistics, Accessed 5/13/14)

976,000:

The Decline In High-Wage Industry Jobs During Obama's "Recovery" Compared To Before The Recession. ( National Employment Law Project , 4/14)

958,000:

The Decline In Mid-Wage Industry Jobs During Obama's "Recovery" Compared To Before The Recession. ( National Employment Law Project , 4/14)

$54,938:

Current Gross Federal Debt Per Capita Under Obama. (U.S. Census Bureau, Accessed 5/13/14; U.S. Treasury Department, Accessed 5/13/14)

$26,501:

The Average Earnings Of 18-To-24-Year-Olds With A Bachelors Degree In 2012. (U.S. Census Department, Accessed 5/9/14)

$25,000:

Average Debt Per Student Loan Recipient In 2012. (Federal Reserve Bank Of New York, 4/14)

$22,000:

Missed Earnings Per Person By 20-To-24-Year Olds Due To The Recession. ( Young Invincibles , 1/14)

$2,515:

The Decline In Average Earnings Of 18-To-24-Year Olds With A Bachelor Degree Since 2008. (U.S. Census Department, Accessed 5/9/14; Bureau Of Labor Statistics, Accessed 5/13/14)

$1,813:

Increased Cost of Public Colleges While Obama's Been President. (National Center For Education Statistics, Accessed 3/6/14)

89%:

2014 Graduates Without A Job Lined Up For After Graduation, A 5 Percentage Point Increase From Last Year. ( Accenture 2014 College Graduate Employment Survey , 2014)

69%:

College Students That Have Found It "Difficult" Or "Very Difficult" To Find A Job Or Internship. ( 2014 AfterCollege Career Insights Survey , 4/28/14)

61%:

This Year's Graduates That Expect To Find A Full-Time Job In Their Chosen Field. ( Accenture 2014 College Graduate Employment Survey , 2014)

46%:

Recent Graduates That Have Actually Found A Full - Time Job. ( Accenture 2014 College Graduate Employment Survey , 2014)

44%:

Of Recent College Graduates That Work In Positions Not Requiring A College Degree. (Federal Reserve Bank of New York, Accessed 5/6/14)

28%:

Of This Year's Graduates Have More Than $30,000 In Debt. ( Accenture 2014 College Graduate Employment Survey , 2014)

23%:

Of Recent College Graduates Working Part-Time. (Federal Reserve Bank of New York, Accessed 5/6/14)

11.5%:

Student Loans That Are 90 Days Delinquent. (Federal Reserve Bank of New York, Accessed 5/6/14)

10.6%:

Unemployment Rate Of 20-To-24-Year Olds. (Bureau Of Labor Statistics, Accessed 5/13/14)

5:

Years Of 20-To-24-Year Old Unemployment Being In The Double Digits. (Bureau Of Labor Statistics, Accessed 5/13/14)

0:

Solutions From Obama To Get Graduates Working Again.


Previous post

Fact Checkers: Senate Majority PAC Continues To Have Trouble With The Truth

Next post

Steyer’s Transparent Hypocrisy
Republican National Committee

Connect With Us

Republican National Committee
Chairwoman Ronna McDaniel
News & Videos
  • 310 First Street SE, Washington, DC 20003
  • 202-863-8500

By providing your phone number, you are consenting to receive calls and SMS/MMS msgs, including autodialed and automated calls and texts, to that number from the Republican National Committee. Msg&data rates may apply. Terms & conditions/privacy policy apply 80810-info.com.

Paid for by the Republican National Committee. Not Authorized By Any Candidate Or Candidate's Committee. www.gop.com

By providing your phone number, you are consenting to receive calls and SMS/MMS msgs, including autodialed and automated calls and texts, to that number from the Republican National Committee. Msg&data rates may apply. Terms & conditions/privacy policy apply 80810-info.com.

Paid for by the Republican National Committee.
Not Authorized By Any Candidate Or Candidate's Committee. www.gop.com