More Young Adults Than Ever Living With Their Parents
A new study from Pew Research says that 36% of millennials (aged 18-36) are living in their parents’ homes.
CBS reports that a record 21.6 million young adults were still living under their parents’ roof, the highest number in four decades.
The reasons are not surprising; 63 percent of millennials had jobs in 20112, down from 70 percent in 2009. Also, the number of students carrying student loans increased, while the number of millennials enrolled in college dropped.
Put it all together, and its “Hello, Mom and Dad.”