Here's Exactly How Many College Graduates Live Back at Home

More

The unemployed college graduate moving back in with his parents has been a stock figure of the past few years, helping to cement the Millennials' reputation as the "Boomerang Generation." But how many young grads are returning to live with their mom and dad (or their aunt or uncle)? 

The number to remember is 45 percent. What share of recent college graduates were living with family in 2011? It's 45 percent. How much higher was that figure than in 2001? Also 45 percent. That's the conclusion from Census data crunched for The Atlantic by Pew economist Richard Fry, the author of a recent report on young adults and debt. It's bad -- about on par with the unfortunate results Pew found via a poll of young adults in 2012. But it's not as bad as the bogus 85 percent figure CNN, Time and The New York Post breathlessly reported last year.

Young_Adults_Living_With_Family.PNG

If you expand the age range a bit, the trend looks even more dramatic. A full 61 percent more college-educated 18-34-year-olds were living with their families in 2011 than in 2001. And as the chart shows, the boomerang effect is strong for young people, whether or not they went to college.

Jump to comments
Presented by

Jordan Weissmann is a senior associate editor at The Atlantic.

Get Today's Top Stories in Your Inbox (preview)

Why Are Americans So Bad at Saving Money?

The US is particularly miserable at putting aside money for the future. Should we blame our paychecks or our psychology?


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

The Death of Film

You'll never hear the whirring sound of a projector again.

Video

How to Hunt With Poison Darts

A Borneo hunter explains one of his tribe's oldest customs: the art of the blowpipe

Video

A Delightful, Pixar-Inspired Cartoon

An action figure and his reluctant sidekick trek across a kitchen in search of treasure.

Video

I Am an Undocumented Immigrant

"I look like a typical young American."

Video

Why Did I Study Physics?

Using hand-drawn cartoons to explain an academic passion

Writers

Up
Down

More in Business

Just In