Preparing for College

There's No Place Like Home

How many parents out there have a son or daughter graduating from college next spring? How many of you have a son or daughter who graduated this past spring? I’d like to get your comments regarding your child’s post-graduation prospects.

I started a thread on the College Confidential discussion forum that focuses on a new survey: Study: Record Number 21 Million Young Adults Living With Parents. The study comes from the Pew Research. The punchline states: “In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home …” That’s a big number. In fact, as the Washington CBS News affiliate states, it’s “the highest number in four decades,” shattering a long-standing record.

Pew notes that “The steady rise in the share of young adults who live in their parents’ home appears to be driven by a combination of economic, educational and cultural factors. Among them …

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