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Study: Record Number 21 Million Young Adults Living With Parents

Posted By julie wilson On August 2, 2013 @ 3:47 pm In U.S. News | Comments Disabled

CBS D.C. [1]
August 2, 2013

A record number of young adults are living with their parents.

A new study from Pew Research finds that 36 percent of Millennials – young adults ages 18 to 31 – are living at their parents’ homes, the highest number in four decades. A record 21.6 million young adults were still living at home last year.

“Most of my friends that have graduated end up living back home because even if they have a job they can’t afford to pay rent and pay back their loans at the same time,” Stephanie Levonne, a 20-year-old college student living at home, told CBS News. “I know a lot of people that took out almost half or more of their tuition in loans which is $50,000 so it’s impossible to pay rent and live in New York City while paying off your loan.”

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URLs in this post:

[1] CBS D.C. : http://washington.cbslocal.com/2013/08/02/poll-record-number-21-million-young-adults-living-with-parents/

[2] Why Are Record Numbers Of Young Adults Jobless And Living At Home With Mom And Dad?: http://www.prisonplanet.com/why-are-record-numbers-of-young-adults-jobless-and-living-at-home-with-mom-and-dad.html

[3] Boomerang: Over 20 Million Adults Now Living With Their Parents; Massive Increase Since 2007: http://www.prisonplanet.com/boomerang-over-20-million-adults-now-living-with-their-parents-massive-increase-since-2007.html

[4] Three in 10 young adults live with parents, highest level since 1950s: http://www.prisonplanet.com/three-in-10-young-adults-live-with-parents-highest-level-since-1950s.html

[5] Worst Since World War II: 50% Unemployment: Over Six Million Teens and Young Adults Are Out of Work and Not In School: http://www.prisonplanet.com/worst-since-world-war-ii-50-unemployment-over-six-million-teens-and-young-adults-are-out-of-work-and-not-in-school.html

[6] Only 54% Of Young Adults In America Have A Job: http://www.prisonplanet.com/only-54-of-young-adults-in-america-have-a-job.html

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