Moving In With Mom and Dad After Graduation

June 21, 2010 by  
Filed under College Newswire, High School

Yesterday’s Baltimore Sun reported on the epidemic of college grads moving back in with mom and dad after graduation.  A survey of the Class of 2010 college graduates reported that 7 out of 10 will move in with parents after graduation. But more significant than the short-term inconvenience of living at home again is the real struggle to find a job and start an adult life.

Gary Burtless, a senior fellow at the Brookings Institution, said unemployment has hit younger adults harder, which could have lasting effects. “There will be a scarring affect that will persist,” he said, saying that the struggle those graduates faced may keep them in safe jobs and less likely to take risks and that the “struggle to get a decent job means that you live at home with your parents.”

If you are heading off to college in the next 5 years, or are currently attending college, you need to be prepared for the world which awaits you.   Students can no longer take for granted the fact that they will graduate college, get a decent paying job, and move into a place of their own.  In fact, that idea is becoming the exception rather than the rule.


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