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Ellen
08-11-2008, 03:33 PM
Don't even think of converting that bedroom for another decade LOL

Monday, August 11, 2008 - 9:36 AM PDT


More college grads moving home


Sacramento Business Journal

Instead of taking that leap into the next phase of life, more recent college graduates are moving back into the nest.

This year, 77 percent of college grads moved home with their parents after graduation, up from 73 percent last year and 67 percent the year before, according to a survey conducted by Collegegrad.com.
While the economic slump and higher costs of living are the primary culprit, moving home has less of a stigma and has become a trend among the Gen Y population, experts said.

“This is a trend we were hearing about even before talk of a recession really started,” said Sarah Zehr, assistant dean and director of Engineering Career Services at University of Illinois (http://sacramento.bizjournals.com/sacramento/gen/University_of%20Illinois_7BEC1B025B1A476281E8FFE87 0137B5D.html) at Urbana Champaign, in a report. “Gen Y students look to their parents for advice and support, and this is just another example of a trend with this generation.”

James Smart, director of Toppel Career Center (http://sacramento.bizjournals.com/sacramento/related_content.html?topic=Toppel%20Career%20Cente r) at University of Miami (http://sacramento.bizjournals.com/sacramento/related_content.html?topic=University%20of%20Miami ), echoed Zehr.
“This generation seems to have close relationships with their parents and isn’t experiencing the stigma or obstacles to returning home of previous generations,” he said.


Portland Business Journal

OSUMom
08-11-2008, 04:11 PM
Is it ethical to charge rent as long as they're working (yes!), and will I still have to do his laundry (no! I shouldn't be doing it now!)? :D

PattyR
08-11-2008, 08:38 PM
I do agree that this generation of college students does feel comfortable returning to their parents. I think that is probably a testament to the care and work we have taking raising them. As long as it is not permanent, I'm not sure it's a bad thing - a place to re-group and take the next step. Glad I'm not the only one still doing the laundry.......

lil'Man'sMom
08-11-2008, 09:01 PM
Although my son is only going into his second year of college he has already converted part of the basement into a room with office. I am completely comfortable with him being at home after college to help off set the student loans. He will pay rent and the same rules of respect will apply whether he's 19 or 25.

He has done his own laundry since the 6th grade :D.

Now for son #2 :eek:...wont even go there.

bgallini
08-18-2008, 03:42 PM
LOL! Dh and I have been 'fighting' over Alex's room for almost a year now. At this point, it will be a combination weightlifting room/scrapbooking room that will convert back to Alex's room when he comes back for Winter break. He's gone too far away to come home more often. Dh, I'm sure, think he won't be back after graduation but I miss him already (it's only been 10 hrs) so I think he can move back for a short time (paying rent) if he wants in 4 yrs.