Once all of the children are grown up and off to college or starting a career, parents are left with an empty nest. According to USA Today, however, these nests will be filling back up with as many as 26 percent of Millennials planning to move back home after graduation.
Ballooning college debt (current average is $11,475 ) and less income compared to the Baby Boomer generation mean that it makes more sense to save money and pay off bills by staying at home with mom and dad for a few years.
Rick Good spent ten years in the newspaper business, including with The News & Observer (Raleigh, NC) and The Greenville News (Greenville, SC). He co-wrote, with Melinda Coleman, Rutledge to Riley: Governors of South Carolina, 1776–Present (Published by The Greenville News), and is the author of Mind Games Trivia #1 (Amazon). He has recently spent 15 years creating original trivia content through Sounds Good Mobile Entertainment and continues that with his new company, SGME Software. He edits The Smart Reader’s money, real estate, and business coverage.
