Go To College, Wind Up Back Where You Started
85% of College Grads Move Back Into Their Parents' Home
"NEW YORK (CNNMoney.com) -- Getting a degree used to be a stepping stone to limitless career opportunities. Now it's more of a hiatus from living under your parents' roof."
"This recession has hit young adults particularly hard," according to Rich Morin, senior editor at the Pew Research Center in DC.
So hard that a whopping 85% of college seniors planned to move back home with their parents after graduation last May, according to a poll by Twentysomething Inc., a marketing and research firm based in Philadelphia. That rate has steadily risen from 67% in 2006.
"It's peaking at levels we have not seen before," said David Morrison, managing director and founder of Twentysomething."
Forget college, kiddies, don't even think that the "american dream" myth is real, drop all plans about buying a house, learn as much practical knowledge that you can like gardening, fixing things, improvising and healing, and get your shit together to deal with the coming storm.
"NEW YORK (CNNMoney.com) -- Getting a degree used to be a stepping stone to limitless career opportunities. Now it's more of a hiatus from living under your parents' roof."
"This recession has hit young adults particularly hard," according to Rich Morin, senior editor at the Pew Research Center in DC.
So hard that a whopping 85% of college seniors planned to move back home with their parents after graduation last May, according to a poll by Twentysomething Inc., a marketing and research firm based in Philadelphia. That rate has steadily risen from 67% in 2006.
"It's peaking at levels we have not seen before," said David Morrison, managing director and founder of Twentysomething."
Forget college, kiddies, don't even think that the "american dream" myth is real, drop all plans about buying a house, learn as much practical knowledge that you can like gardening, fixing things, improvising and healing, and get your shit together to deal with the coming storm.
posted by patootie at 6:03 PM
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