Much has been made of millennials' failure to launch ever since the Great Recession, when young adults living at home jumped from 32% in 2007 to 36% by 2012.At the time, the "boomerang kids" were considered a casualty of the economic collapse.In a 2014 Federal Reserve working paper, researchers Lisa Dettling and Joanne Hsu concluded that rising debt burdens accounts for almost a third of the uptick in young adults choosing to live with their parents.The average student debt-burdened household writes a monthly check for around 2, which eats into recent graduates' rent budgets.His research points to two long-term trends: a rise in college attendance and a delay in marriage.Add rising housing costs and an unprecedented student debt burden to the mix, and young adults have a glut of pressures pushing them back to the nest. Search for quizzes in the box below, or browse the most popular quiz topics.
And entries must be appropriate for the general public.
Between 19, the share of young adults living with a spouse dropped by half.
And unmarried millennials are much more likely to live with their parents than their married peers.
In 1940, 36.2% of 18-34 year-old women lived with parents or other relatives.
In 2014, according to a Pew Research Center report released Wednesday, 36.4% of young women are living with family members—a record since that time.