Fed survey: Pandemic effects highlight education gap

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A Federal Reserve survey shows financial hardships caused by the coronavirus crisis had a much deeper effect on Americans who are less wealthy and less educated. The survey found around 89% of adults with a bachelor’s degree or higher said they coped reasonably well amid the crisis in financial terms, while 45% of those with less than a high-school degree reported likewise, with fewer positive responses also coming from women and minorities.

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