BUSINESSNY POST
Crushing rents drive a shocking percentage of college grads to live with mom and dad
College graduates are increasingly moving back in with their parents due to soaring living costs, debt repayment, and limited job opportunities, as reported by Clever Real Estate.
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Adjacent reporting
- More young adults moving back home with their parents amid affordability crisis
- The number of young Americans living with their parents is at a record high
- More noncollege-educated men are living at home and falling out of the labor market, forcing a decline in marriages, all thanks to rising rents
- Is your college grad moving back home? How to help them build savings — and protect your retirement.