Brief by Shorts91 Newsdesk / 05:13pm on 07 Apr 2024,Sunday India Global
Over 2.3 million Asian Americans faced poverty in 2022, with Indian-Americans showing the lowest poverty rate at 6%, per Pew Research Center. Among Asian Americans aged 25 and above living in poverty, one-third hold a bachelor’s degree, contrasting with 14% of non-Asians. However, English proficiency is low among poor Asian Americans, with only 44% of immigrants below the poverty line proficient. The study highlights financial challenges faced by Asian Americans in poverty, with 79% encountering difficulties, including savings and bill payments. Despite varying perceptions of the American Dream, many prioritize financial stability and opportunities for their children.