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A few years ago it was reported that over 60% of college students moved back home after graduation. Since the economic downturn it’s been rumored that this number has risen. We want to know what’s keeping you or people you know from moving away from the nest? Share your thoughts in the comments section.
{ 2 comments… read them below or add one }
I have a master’s degree in higher education administration and was unemployed for 6 months. I was able to obtain a contract job and I earned enough money to pay my rent and bills, but after three months, my contract was over. Because of the economy I was not able to find a job in my field and the organization I worked for wasn’t able to hire me full time. As a matter of fact, the department I worked for was abolished. In the end, I was broke, homeless, and on the verge of going delinquent on all my bills, so naturally I moved back home. I have applied to 100′s of places. I’m still receiving rejection letters from schools that I applied to months ago, even last year. Universities and colleges take time in their hiring process. I currently have a part time job with great benefits and a salary,but I simply don’t make enough money to pay rent, my bills, and buy groceries in Southern California. I’m thankful that my parents love having me home and the most important thing is that I get to come home to a loving place. Besides, the most important things in life are not the career I choose, or how much money I make or how big my house will be, but the people that were in my life, that’s what matters. I can’t complain, I come home each day and get to have dinner with my parents, have enjoyable conversations with them, and spend quality time together, which is something that sadly, many households do not get to experience.
Dear Michael,
I don’t think it’s a matter of why we won’t leave home but rather when. In my specific situation, the cost of living in Honolulu, HI is fairly expensive and my entry level salary isn’t enough at the moment for me to move out. The average price for a one bedroom apartment is around $1200 per month (does not include utilities) and quite frankly I can’t afford that.
I am saving my money to eventually move out but it might not be for another year or two.