85% of New College Grads Move Back in with Mom

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Brigandier

Brigandier

Diamond Member
Feb 12, 2008
4,394
2
81
Nintendesert said:
That's Modern America for you.
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ftfy

Two years at home after college can really set your finances in order. What you save on housing, you put into your loans.

Not to mention you can have a semi-decent job. Who knows, you could even get a 401k started.
 
N

nageov3t

Lifer
Feb 18, 2004
42,808
83
91
is that such a bad thing? or even that shocking? seems like that's the way of things in the rest of the modern world as well.

I moved back home after I graduated college... graduated in May, got a job, and spent a year living in my parents house to pay off some debts and build up a savings before moving out.

wasn't the most pleasant experience, but it seemed like the most responsible decision.
 
gevorg

gevorg

Diamond Member
Nov 3, 2004
5,070
1
0
Its time for entry level grads to realize that they're not entitled to jobs/salaries that give them complete financial freedom. Gotta give more respect for your old folks now.
 
zerocool84

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
Unemployment plus high cost of living and how expensive schooling is, it's a terrible time now to just be getting fresh out of school. Plus it's not like it's horrible, you gotta do what you gotta do until you get a good job.
 
MagnusTheBrewer

MagnusTheBrewer

IN MEMORIAM
Jun 19, 2004
24,122
1,594
126
gevorg said:
Its time for entry level grads to realize that they're not entitled to jobs/salaries that give them complete financial freedom. Gotta give more respect for your old folks now.
Click to expand...

What's that? Didn't quite hear you. Say again. Oh yeah, get off my lawn!
 
BoomerD

BoomerD

No Lifer
Feb 26, 2006
65,615
13,999
146
I don't get it...why would anyone move back in with parents? Why would parents want them to move back in?

I moved out when I enlisted in the USMC...never moved back.
 
Brigandier

Brigandier

Diamond Member
Feb 12, 2008
4,394
2
81
BoomerD said:
I don't get it...why would anyone move back in with parents? Why would parents want them to move back in?

I moved out when I enlisted in the USMC...never moved back.
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This is the part I don't get. I've been independent and poor since 18. I see pushover parents as a luxury. Yeah, I'd be ahead in the material world if my parents were pushovers, but I don't think I'd be ahead on planet earth at all.
 
S

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
BoomerD said:
I don't get it...why would anyone move back in with parents? Why would parents want them to move back in?

I moved out when I enlisted in the USMC...never moved back.
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Because today's kids think they should continue the exact same lifestyle they've been accustomed to at their parents place right out of school.

Then cold harsh reality sets in and they won't do what everybody else did and get a roommate for a 1-3 years before getting out on their own and becoming a fully functioning adult.

They won't leave the nest, because they expect to have the same nest when they graduate not realizing it took their parents decades to get to that point.
 
BoomerD

BoomerD

No Lifer
Feb 26, 2006
65,615
13,999
146
spidey07 said:
Because today's kids think they should continue the exact same lifestyle they've been accustomed to at their parents place right out of school.

Then cold harsh reality sets in and they won't do what everybody else did and get a roommate for a 1-3 years before getting out on their own and becoming a fully functioning adult.

They won't leave the nest, because they expect to have the same nest when they graduate not realizing it took their parents decades to get to that point.
Click to expand...

Fuck having roommates. I never did that either. I worked and paid my own way. I may not have always lived as well as I'd have liked, but I made it through. When I got married, we often struggled as well...but that's life. There are no guarantees that life as an adult will be as good or better than it was as a kid...and parents certainly have no legal or moral obligation to support the child once he/she reaches the age of majority.
Too gawd-damned many kids nowadays want to keep sucking on mommy's tit until they're in their 30's...or later.
 
destrekor

destrekor

Lifer
Nov 18, 2005
28,799
359
126
Yep, at home right now, because I cannot possibly afford to live on my own.
I'm making jack shit in terms of money right now, am actually stressing hardcore about how to afford certain things I absolutely need, and more importantly, making sure I can handle a few weeks without pay in case the Army fucks things up (read: planning to survive without additional income until the Army starts paying me a month or longer after I start AD training). It's going to be way to uncomfortably close between barely able to live and being royally fucked.

But yeah, the live at home thing was sort of planned: after graduation, I had a little under a year before my scheduled training course (about 4 months long). Moving out, moving back, moving out, moving back... didn't want to go through that nightmare.

And now, well... definitely got fucked royally, because I can barely even make any dents on loans. So, sure, I get to "save money" living at home, when in reality, I'm actually still scraping to make ends meet, even without housing expenses.

Can't wait to get out of this shithole of a town called Toledo, economy here sucks unless you want to work automotive factories (unions? oh hell no, fuck those retards at the top who are responsible for half our problems) or have an engineering degree. And I'm realizing my near-term goal of landing a State or Federal job in one of the larger Ohio cities isn't likely going to work either, not anywhere in the near-term at least. Nowhere near qualified to land a job that would allow me to live on my own, and well... I don't have family in Cbus or Cinci.
Hopefully in the next few months I can secure a job to start in September and move there once I'm back from my course. lady luck, please don't ignore me this year. I've never known you, I've tried to make my own efforts to meet you, and yet you elude me.

Should not have gone to school right after highschool. That was mistake number one. Fiscally and mentally wasn't as ready as I would have liked, probably would have chose a more practical degree if I waited to mature some more.
 
zerocool84

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
spidey07 said:
Because today's kids think they should continue the exact same lifestyle they've been accustomed to at their parents place right out of school.

Then cold harsh reality sets in and they won't do what everybody else did and get a roommate for a 1-3 years before getting out on their own and becoming a fully functioning adult.

They won't leave the nest, because they expect to have the same nest when they graduate not realizing it took their parents decades to get to that point.
Click to expand...

Well seeing as how much more expensive it is just to get any place to live than it was in our parents time, plus how much harder it is to get a decent paying job, or any job for that matter, it's totally different now and we cannot compare it to how it was back then.
 
S

shadow9d9

Diamond Member
Jul 6, 2004
8,132
2
0
I'll let my son back in if he wants to save up money for a down payment on a house. Why not?
 
S

spidey07

No Lifer
Aug 4, 2000
65,469
5
76
zerocool84 said:
Well seeing as how much more expensive it is just to get any place to live than it was in our parents time, plus how much harder it is to get a decent paying job, or any job for that matter, it's totally different now and we cannot compare it to how it was back then.
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Around here you can get a one bedroom studio or apartment for 500/month. Even a 35k job would allow you to live just fine if one didn't have a 100/month cell phone, cable and everything else.

Want work? Go to a temp agency or manufacturing. There's jobs, kids just don't want to do them when it's easier to sit at home playing xbox all day on mommy and daddy.

It's nothing but entitlement mentality going on.
 
zerocool84

zerocool84

Lifer
Nov 11, 2004
36,041
472
126
spidey07 said:
Around here you can get a one bedroom studio or apartment for 500/month. Even a 35k job would allow you to live just fine if one didn't have a 100/month cell phone, cable and everything else.

Want work? Go to a temp agency or manufacturing. There's jobs, kids just don't want to do them when it's easier to sit at home playing xbox all day on mommy and daddy.

It's nothing but entitlement mentality going on.
Click to expand...

Well around here, $500 can't even buy you a closet, and it doesn't matter what job it is they're still difficult to find.
 
Wyndru

Wyndru

Diamond Member
Apr 9, 2009
7,318
4
76
Health insurance on the parent's plan until age 26 too (in NY anyhow).
 
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