BOOMERANG KIDS: WHAT FACTORS IMPACT THE PREVALENCE OF MOVING HOME AFTER COLLEGE?

In 2014, Pew Research found that more adult children, aged 18 to 34, live at home with their parents than in any other living arrangement. The survey found that 32.1 percent of all adults in this range lived with their parents, a tremendous increase from the 20.0 percent that lived with mom and dad...

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Bibliographic Details
Published in:Journal of business and educational leadership 2020-10, Vol.10 (1), p.44-57
Main Authors: Ullrich, Laura D, Pantuosco, Louis J
Format: Article
Language:English
Subjects:
Adult children
Age groups
Community colleges
Economic conditions
Employment
Gender
Great Recession
Higher education
Labor force
Labor market
Males
Manufacturing
Parents & parenting
Student debt
Women
Young adults
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Summary:In 2014, Pew Research found that more adult children, aged 18 to 34, live at home with their parents than in any other living arrangement. The survey found that 32.1 percent of all adults in this range lived with their parents, a tremendous increase from the 20.0 percent that lived with mom and dad in 1960. And it's not just uneducated young adults that are moving (or staying home). The same survey found that 19 percent of college graduates in the same age range live with mom and/or dad. What has driven this increase? Is in the increase in student loan debt, as many anecdotal arguments assume? This analysis uses the rich Beyond Postsecondary Survey to examine the characteristics impacting the prevalence of adult children living at home after completing college. Results indicate that it is not debt or income that is driving this decision. Instead, results show that males are significantly more likely than females to live at home, all else equal, and that whether a student lives at home and has a job at age 18 are also significant factors.
ISSN:1948-6413
2152-8411