New Poll Suggests Higher Ed Isn’t Making Students Smarter About Economics

A new Axios-Generation Lab poll reveals that socialism now enjoys stronger favorability among U.S. college students than capitalism — underscoring a generational ideological shift and deep partisan divide on economic systems.
Poll Results Show Strong Tilt Toward Socialism
According to the survey, 67% of college respondents report a positive or neutral association with the term “socialism.” In comparison, 40% say they feel positively or neutrally toward “capitalism.”
The data suggests that 34% of students hold a somewhat or very positive view of socialism, while only 17% say the same about capitalism. Negative views of capitalism significantly exceed negative views of socialism, 53% to 23%.
Additionally, one in three students holds a neutral stance toward socialism, while one in four feels neutral about capitalism.
A Partisan Divide Among Gen Z Students
Political identity strongly influenced responses.
- 47% of Democrats surveyed reported positive views of socialism
- 31% of independents expressed positive views
- Just 5% of Republicans reacted positively to socialism
Meanwhile, 45% of Republican respondents expressed positive views of capitalism, compared to 17% of independents and 7% of Democrats.
A Trend Shaping Future Policy Debates
The poll arrives shortly before a nationally watched election in New York City, where a democratic socialist candidate is gaining national attention. Rising costs of living — including inflation, healthcare, and housing — alongside frustration with the political and economic influence of billionaires may be contributing factors in shifting student attitudes.
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