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In Western culture the Boomerang Generation refers to the generation of young adults graduating from high school and college in the 21st century. [1] [2] [3] They are so named for the percentage of whom choose to share a home with their parents after previously living on their own—thus boomeranging back to their parents' residence.
In the months after the pandemic hit in 2020, nearly 50% of young adults—those aged 18 to 29—lived at home with their parents in the greatest numbers on record since the Great Depression.Some ...
In 2023, more than half (56%) of all young adults aged 18 to 24 are living with their parents, along with 16% of those aged 25-34, according to U.S. Census Bureau data.
A 2017 study found that children who move back in with their parents have notably higher depressive symptoms, and a 2022 report showed that such living situations could cause familial tension.
First-generation college students in the United States are college students whose parents did not complete a baccalaureate degree. [1] Although research has revealed that completion of a baccalaureate degree is significant in terms of upward socioeconomic mobility in the United States, [2] [3] [4] a considerable body of research indicates that these students face significant systemic barriers ...
In fact, 31% of Gen Z live with a parent or family member because they can't afford to rent or buy their own place, a new survey of 1,249 U.S. adults from Intuit Credit Karma finds.
Counting all degrees, Harvard University comes in first place in terms of the total number of billionaire alumni. The University of Pennsylvania comes in first if only bachelor's degrees are counted, according to the most recent 2022 Forbes report. [1]
In 2006, some 13% of people in the UK aged between 25 and 34 were living with their parents. By last year, that had increased to 18%, according to the IFS - an independent economic think-tank.