Why Your College Grad Moved Back Home

At a party last weekend, I met a new college grad who had just moved back home. His plans: a camp counselor job this summer followed by a teaching assistant job come fall. Over the next year or so he plans to save money and figure out his future; maybe an M.S. in social work or a Ph.D. in psychology. He was looking forward to reconnecting with his parents after four years away. “It’s the last time I’ll live at home with them,” he said wistfully.

This young man joins more than 21 million millennials living at home, the highest percentage of young adults in their parents’ nest in four decades. On Sunday a New York Times article dissected this trend. “These boomerang kids are not a temporary phenomenon,” noted “It’s Official: The Boomerang Kids Won’t Leave.”

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