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50% Of Millennials Are Moving Back Home With Their Parents After College

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Over the past few years, the percentage of 25-to-34-year-old Americans living with their parents has been at a record high of nearly 15%. Student debt and difficulty finding a job are sending.

Yes, Millennials. who lived in their parents’ home in 2000 when they were the same age. Welcome to the boomerang effect – it’s when Millennials spread their wings to become independent during.

The as-a-service model appeals to millennials, according to recent reports, many of whom value convenience over ownership.

For those moving back in with their parents, the stint will likely be rent-free and not a quick stop. Half (50%) of young millennials who are currently enrolled in college or who intend to go to college plan to move back home after, and 82% of parents say they would welcome their children moving back home after college.

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Data shows millennials are living at home with their parents in record numbers; research suggests they’re motivated by myriad, multifaceted reasons.. of those moving back in with their.

After all, millennials have been moving home in historic droves mostly because of the weak economy, haven’t they?. began moving in with their parents between 2005 and 2013. Local unemployment.

A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million In 2012. In 2012, 36% of the nation’s young adults ages 18 to 31-the so-called Millennial generation-were living in their parents’ home, according to a new Pew Research Center analysis of U.S. Census Bureau data.

The popular narrative of Millennials moving back in with their parents after majoring in English might be also slightly overstated: Only 12% of Millennials living at home listed a bachelor’s degree as the pinnacle of their education, though 18% of Millennials as a whole stopped after their four-year degree.

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As much as it hurts for adult children and parents, there needs to be a move for Millennials to leave their parent’s house. Whether young adults need to leave in 60 days or plan their departure after a certain life event, there needs to be a departure plan.

College is supposed to mark that special moment when children spread their wings and embark on their own. A new survey says that may not be the case. A new survey from TD Ameritrade says that 50% of "young Millennials" plan to move back home with their parents after college. The shocking statistic is.