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New Jersey’s Boomerang Generation–at least 1 in 4 young adults are back with their parents

Posted on August 21, 2013 by Kendall Harmon

Is 27 the new 18 when it comes to living at your parents’ house?

According to the US census Bureau, at least 1 in 4 N.J. adults, ages 18-31 live at home and 42% are 24 or older. Experts call it an “epidemic” of millennials leaching off their parents, but does a bad economy and student loan debt crisis justify the situation?

Read it all.

Posted in * Culture-Watch, * Economics, Politics, Children, Economy, Labor/Labor Unions/Labor Market, Marriage & Family, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Young Adults