2newcw11 thefan-am1090seattle-logo-fina2l
SUBWAY BEAST MODE CHALLENGE 2014 | Sign up for our 3.5-mile adventure run | INFO |

News

Study: Record Number 21 Million Young Adults Living With Parents

View Comments
(photo credit: David McNew/Getty Images)

(photo credit: David McNew/Getty Images)

News

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

WASHINGTON (CBSDC) — A record number of young adults are living with their parents.

A new study from Pew Research finds that 36 percent of Millennials – young adults ages 18 to 31 – are living at their parents’ homes, the highest number in four decades. A record 21.6 million young adults were still living at home last year.

“Most of my friends that have graduated end up living back home because even if they have a job they can’t afford to pay rent and pay back their loans at the same time,” Stephanie Levonne, a 20-year-old college student living at home, told CBS News. “I know a lot of people that took out almost half or more of their tuition in loans which is $50,000 so it’s impossible to pay rent and live in New York City while paying off your loan.”

Continue reading at CBS DC.

View Comments
blog comments powered by Disqus