Monday, June 21, 2010

Life after college for many means returning home:Recent grads continue to move back in with Mom and Dad

The Baltimore Sun reports:
A survey of last year's college graduation class showed that 80 percent moved back home after getting their diplomas, up significantly from the 63 percent in 2006. The CollegeGrad.com survey of 2,000 young people showed that seven in 10 said they would live at home until they found a job.

Now, as another class of graduates — the 2010s — move into the job market, "the economy is still rough. … a good number are still searching" from the class of 2009, said Guy Davis, director of the career center at Towson University. He said only about 20 percent had jobs lined up at graduation, with "a fair number" looking at graduate school.
For more on the subject of the college bubble.