I came across an interesting article today. It is titled “More Young Adults Moving Back in With Parents” 1 in 7 parents polled have had a kid move back in within the last year. To keep it short, the recession is affecting everyone especially college kids. I moved back home after attending a university for one year. I loved it but could not afford it and they did not have my major once I finally decided on one. To keep it short to roughly $11, 000 I spent on student loans $9,000 was from my first year of college. I became smart and came closer to home to a cheaper school. I got a great education and the school gave me grants and scholarships to pay for the next 3 years. I had to pay my last semester since it took me 4 1/2 years to finish. I came home after living on my own for one year and it was tough. I saved a lot of money. I still live at home and luckily my Mom is a great roommate. I don’t bother her she doesn’t bother me. This has enabled me to pay off debt faster, purchase a reliable car and do many other things. I do pay rent but much less than if I had a house or apartment. I buy groceries and also pay the cable bill since my Mom doesn’t really watch tv. So am I a boomerang kid? I don’t know maybe but my situation works for me now.
