Youth

Axios - Average household wealth for those under 40 in the U.S. is up 49% from its pre-pandemic level, Axios' Emily Peck writes from a new analysis by the left-leaning Center for American Progress. Young households haven't seen wealth growth like this since the Fed started tracking the data in 1989. Millennials — currently ages 27-43 — saw their wealth double over this period, according to the analysis. Americans under 40 have seen big asset gains while reducing some liabilities:

1. Average housing wealth rose $22,000 — as homeownership rose and home prices soared.
2. Liquid assets climbed courtesy of leftover savings from pandemic relief and higher wages.
3. Financial assets, mostly stocks and mutual funds, increased by an average of $31,000.
4. Nonhousing debt fell by $5,000. With more money in their pockets, people could pay off credit cards (the student loan moratorium helped), or not take that debt on at all. MORE

NPR - Pro-Palestinian protests on college campuses across the U.S. show no sign of letting up. Police arrested nearly 300 people nationwide over the weekend. This afternoon, students at Rutgers University in New Jersey plan to rally. Like other campuses, Rutgers students are demanding that their school divest from companies that do business with Israel. NPR's Brian Mann spent time inside the encampment at Columbia University. He says people were singing and praying, and the mood was calm. "Both sides here are clearly working to de-escalate,” he says. That's a big change from a week and a half ago when the university summoned the NYPD to break up the encampment with more than 100 arrests, which helped spark this nationwide movement.