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College Graduates Moving Back Home

The US News & World Report reported that “many of today’s college graduates” move back home after graduation in an effort to save money, “as nearly 80 percent of those currently living at home say they don’t have enough money put away to lead the kind of independent life they want.” The piece notes that “the high cost of education is partly to blame,” and “sparse jobs and low starting salaries make it virtually impossible to support themselves.” Meanwhile, “moving back home can lead to arguments between kids and their parents and can potentially damage their relationship in the long term,” but “parents who prepare for these challenges before greeting their kids at the front door have a better chance of avoiding these hardships.”

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