American's youth are down on the future, with nearly half of those ages 18 through 29 believing the "America Dream" is more dead than alive, a nationwide survey released Thursday by Harvard University's Institute of Politics shows.

Reflecting the sour mood of the overall electorate, 48 percent of those asked "For you personally, is the idea of the American Dream alive or dead?" responded "dead." Those who picked "alive" accounted for 49 percent.

While the race or ethnicity of the poll's respondents didn't significantly impact the results, the level of education of those questioned did play a role in determining the answer. Fifty-eight percent of college graduates said the dream was alive for them personally, compared to 42 percent of those not in college or who had never enrolled in college.