Third of US college graduates live with parents

From Times Higher Education: “Nearly a third of US college graduates return home to live with their parents, a long-term analysis has found, in what its lead author said was indicative of the poor guidance students receive about the earnings potential of different majors. Some 31 per cent of students who earned a bachelor’s degree between 2011 and 2013 moved home within a few years, according to a research team led by Stefania Albanesi, a professor of economics at the University of Pittsburgh. That is up from 25 per cent among students who graduated between 1994 and 1996, Professor Albanesi’s team said in a paper posted ahead of peer review by the National Bureau of Economic Research.”

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