A recent Pew Research Center analysis of census data found that in 2014, for the first time in more than 130 years, 18- to 34-year-olds in the U.S. were more likely to be living in their parents’ home than with a spouse or partner in their own household. A closer analysis of the data helps explain why: Adults in their late 20s and early 30s are living with their parents at record or near-record levels.
Despite the popular image of college-educated adults moving back into the family nest after graduation, young adults with at least a bachelor’s degree are the least likely to live with their parents (19% did in 2014). And the share of college grads doing so has risen less sharply than that of young adults with a high school education or less. Since 1960 (the overall low point for 18- to 34-year-olds living at home), the living-at-home share of college grads has grown by 74%, as opposed to a 103% increase for young adults with only a high school diploma and an 87% increase for those who did not finish high school.
Chosen excerpts by Job Market Monitor. Read the whole story at Increase in living with parents driven by those ages 25-34, non-college grads | Pew Research Center
No comments yet.