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
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