A Record Number of College Grads are Living in Their Parents’ Basements

momsbasement

Gallup reported that 14% percent of adults between the ages of 24 and 34 – those in the post-college years when most young adults are trying to establish independence — report living at home with their parents. By contrast, roughly half of 18- to 23-year-olds, many of whom are still finishing their education, are currently living at home…

more…college insurrection

“Younger millennials (those 18 to 24) are more likely to be counted as living with their parents, partly because they are more likely to be in school.

Being unemployed is the biggest factor associated with living with one’s parents, not surprisingly. But there are other demographic traits that correlate with living with one’s parents, including being male. Young men are more likely to live at home even though they are now less likely to be in college than young women are…”

Catherine Rampell economix.blogs.nytimes

 


2 Comments on “A Record Number of College Grads are Living in Their Parents’ Basements”

  1. […] Pundit from another Planet …Gallup reported that 14% percent of adults between the ages of 24 and 34 – those in […]


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