Society 2030 presents graduate student competition awards

 

Society 2030 steering committee members Wayne R. McCullough (left) and Toni C. Antonucci (right) present the award to Stephanie M. Carpenter and David M. K. Knapp (center). Photo by Eva Menezes.

Society 2030 steering committee members Wayne R. McCullough (left) and Toni C. Antonucci (right) present the award to Stephanie M. Carpenter and David M. K. Knapp (center) during a Society 2030 meeting on March 19. Click image for larger view. Photo by Eva Menezes.

David M. K. Knapp, a doctoral student in Economics, and Stephanie M. Carpenter, a joint doctoral student in Marketing and Social Psychology, have won the first annual Society 2030 Graduate Student Competition. The competition awards projects that address and offer solutions to problems facing society in 2030.

Knapp won first place for his project “A Nudge to Improve Retirement Planning Through Social Security.” Carpenter won second place for “The Positive Consequences of Diminished Inhibitory Control Across the Consumer Lifespan.” Learn more about the winning projects on the Society 2030 website.

The Society 2030 Consortium brings together U-M researchers and corporate leaders to prepare for society’s changing demographic reality.

Ch-ch-changes in U.S. population coming sooner than expected

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ANN ARBOR—A major cultural and geographic divide is emerging between Americans under age 35 and over age 50, according to University of Michigan demographer William Frey.

“More than 70 percent of today’s baby boomers and seniors are white, and they grew up during a time when the nation’s minority population was relatively small and consisted mainly of African Americans,” says Frey, a researcher at the U-M Institute for Social Research and at the Brookings Institution.  “By contrast, 40 percent of those under age 35 belong to minority groups.  They have grown up during a period when racial mingling is the norm at school, work, social occasions and houses of worship.”

The resulting differences in social and political attitudes will increase economic and cultural tensions in communities across the nation, Frey says, with some areas affected much sooner and more strongly than others.

Frey presented his projections March 19 at a meeting of Society 2030, an innovative consortium bringing together U-M researchers and corporate leaders to prepare for society’s changing age structure and other demographic trends.

Based on analyses of the latest U.S. Census data, Frey made the following predictions:

  • Graph courtesy of Brookings Institution
    Click image for larger view

    America will become a majority-minority population well before 2043, the year inwhich that shift had been expected.

  • For those under the age of 18, however, the tipping point will arrive soonest – by 2018.
  • Fast-growing states of the West and South will have the youngest and most racially diverse populations, while the non-coastal Northeast, Midwest and parts of the old South will remain home to large numbers of white baby boomers and seniors.

“We are quickly becoming a more racially diverse society, beginning with our youth,” Frey reported.  “Just as the postwar baby boom generation influenced all aspects of our culture as it moved through the lifecycle, today’s younger minorities will help to shape all aspects of our national life as they move into middle age.

“It’s vital for politicians, community and business leaders, and policy-makers to pay attention to these changes.  The decisions about how to incorporate this generation into the new American mainstream have important implications for our nation’s future.”

For more information about Society 2030, visit the project’s website.

 

Contact:  Diane Swanbrow, Swanbrow@umich.edu, (734) 647-9069