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

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?

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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