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85% of College Grads Move Back Home
http://money.cnn.com/2010/10/14/pf/boomerang_kids_move_home/index.htm?section=money_mostpopular&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_mostpopular+%28Most+Popular%29 ^

Posted on 10/15/2010 9:40:56 AM PDT by TigerClaws

NEW YORK (CNNMoney.com) -- Getting a degree used to be a stepping stone to limitless career opportunities. Now it's more of a hiatus from living under your parents' roof.

Stubbornly high unemployment -- nearly 15% for those ages 20-24 -- has made finding a job nearly impossible. And without a job, there's nowhere for these young adults to go but back to their old bedrooms, curfews and chore charts. Meet the boomerangers.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events; Politics/Elections
KEYWORDS: 15; adults; career; college; colleges; degree; democrats; economy; elections; fail; hopeychangey; job; newyork; obamavoters; obamayouth; opportunities; parents; unemployment; youngadults
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How's that hope and changey thing workin' out for ya?
1 posted on 10/15/2010 9:40:57 AM PDT by TigerClaws
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To: TigerClaws
And without a job, there's nowhere for these young adults to go but back to their old bedrooms, curfews and chore charts.

You get what you vote for.

2 posted on 10/15/2010 9:42:51 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: dead

“Getting a degree used to be a stepping stone to limitless career opportunities”

I wonder how many if these students got actual, useful degrees. These days, getting certifications is where it’s important. A degree should no longer be primary.


3 posted on 10/15/2010 9:45:55 AM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: TigerClaws

I graduated in 2002 and moved back home with mom. Work wasn’t falling into my lap, so I worked for a family member for a few months until I found a contract job.

This statistic is nothing new. I don’t personally know many college grads who go right into a full-time job after college unless they’re engineers or educators.


4 posted on 10/15/2010 9:46:23 AM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: TigerClaws

Look on the bright side - at least the Obama-induced Depression will promote greater unity of the family.


5 posted on 10/15/2010 9:47:28 AM PDT by PGR88
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To: TigerClaws

Talk your kids into getting useful degrees. Nobody wants a greenhorn with a useless liberal arts degree. Those are only good for community organizing.


6 posted on 10/15/2010 9:49:10 AM PDT by MarineBrat (Better dead than red!)
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To: PGR88

I wonder if Obama is King of the youth anymore, the educated ones.


7 posted on 10/15/2010 9:49:19 AM PDT by scooby321
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To: TigerClaws

It was the college crowd that LOVED Obama the most!

Hahahaha!

YOu’ve been HAD.

FOOLS!

Sign up for road paving - it’s a UNION job!

Just think, YEARS of EXPENSIVE EDUCATION and YOU are NOT wanted of appreciated.

How’s that “hope” and “change” FEELING NOW?


8 posted on 10/15/2010 9:49:19 AM PDT by nmh (Intelligent people recognize Intelligent Design (God).)
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To: rarestia

I had a full time job, but it paid so little (actually less than I made my senior year IN college) that I couldn’t afford to move out for a year.


9 posted on 10/15/2010 9:49:26 AM PDT by RockinRight (if the choice is between Crazy and Commie, I choose Crazy.)
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To: dead

Not all of them voted for Jarjar. My cousin didnt vote for O, but most his graduating class did, so he was sort of a pariah in the Kool Aid circles. His software engineering degree combined with encryption certification has already landed him a good job...but his other friends in English Lit, they’re FKD.


10 posted on 10/15/2010 9:50:10 AM PDT by max americana (Hoax and Chains, Dopeychangey)
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To: TigerClaws

Two of mine moved back home. One was out of the house 11 years. Her student loans topped 75K and found it difficult to pay her rent. She brought two cats with her too! Lucky me! PS none of my children voted for Obama.


11 posted on 10/15/2010 9:50:27 AM PDT by LottieDah (Exterminate the 'Rats and save the Republic!)
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To: PGR88
Exactly.

There's another story that is directly related to this one: The number of college grads moving back to their Grandparent's homes. Why? Because mom and dad already have - that home is gone.

12 posted on 10/15/2010 9:53:48 AM PDT by GOPsterinMA (Support and vote for Sean Bielat (MA-4)! MA-4 is Barney Frank's district.)
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To: TigerClaws

I would love to know their majors.


13 posted on 10/15/2010 9:53:57 AM PDT by goodwithagun (My gun has killed fewer people than Ted Kennedy's car.)
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To: TigerClaws

And how many in the 20-24 years old age group voted for Obama?......


14 posted on 10/15/2010 9:54:30 AM PDT by AngelesCrestHighway
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To: TigerClaws

Well to be fair, 85 percent of college kids did not vote for Obama. My kid has lots of conservative friends in college, and many are at home living with parents, just like the “liberal” kids that voted for Obama.

Thankfully, our son has a good job and is able to afford his own expenses, but he’d love to be sharing his home with a roommate to cut down on his expenses...only problem is, none of his friends, or acquaintances, make enough money to be able to afford it. I’ve been amazed at the number of grown guys living with their parents.

I’m glad he’s not living with us, but I guarantee, he’s more thrilled that he’s not living with us, LOL.


15 posted on 10/15/2010 9:54:34 AM PDT by dawn53
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To: max americana

What’s an “encryption certification”?


16 posted on 10/15/2010 9:55:12 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: TigerClaws

well why not...they’re now all chillrun till age 26 courtesy Obummercare.


17 posted on 10/15/2010 9:55:39 AM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: TigerClaws

My 21-year-old daughter’s a college senior working 3 jobs. She lives at home, but can’t wait to get out into an apartment or have an adventure overseas. She pays (pretty close to) her share of insurance, etc. I’m confident she’ll fly when it’s time.


18 posted on 10/15/2010 9:56:27 AM PDT by jagusafr ("We hold these truths to be self-evident...")
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To: RockinRight

I was home for about a year before I moved into an apartment with a buddy of mine. Aside from a brief stint there before moving into my house, I never went back to the nest.


19 posted on 10/15/2010 9:56:44 AM PDT by rarestia (It's time to water the Tree of Liberty.)
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To: TigerClaws

I already had a job lined up when I graduated and I went directly to it and an apartment.

It would have been unthinkable for me to live with my parents after graduation.

But those were different times, I guess.


20 posted on 10/15/2010 9:57:33 AM PDT by OldPossum
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