A Record 21.6 Million Millennials Still Living With Their Parents
More than a third of American millennials are living at home with their parents, according to a Pew Research Center study released Thursday.
When the recession began in 2007, 32 percent or 18.5 million of millennials (defined as 18- to 31-year olds) had not left the nest. Today, it is 36 percent, or 21.6 million. According to Pew’s analysis of U.S. Census Bureau data, the number of millennials still living at home is the highest percentage in four decades. Researchers this it’s because this generation is more likely to go to graduate school and delay marriage, and cites a change in the related social stigma.
The study also shows that most of those aged 18 to… hold on, I’ll finish this later…my son is trying to talk my wife into letting him borrow the car…