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Here’s what they struggled with — and learned — during the experience.“Meghan,” 26Two years ago, Meghan moved back in with her parents in New Jersey in a post-breakup state of shock, not just about being newly single, but also about her post-grad-school job prospects — or lack thereof.
“I applied to about 60 jobs during graduate school,” she recalls.
Why, exactly, are so many young people “boomeranging” in the first place? Skyrocketing rents, high home prices, and job scarcity all play a part, but so does student debt, which can eat up an insane amount of post-grads’ cash flow.
The authors of one 2014 study from the Federal Reserve Bank of New York estimated that student debt could, per Slate, “possibly [explain] as much as 50% of the increase [in millennials moving home] since 2003.”We asked three millennial women to share their stories of moving back home.
“I don't want to rush through life anymore,” Sandy says.
“I’m trying to appreciate working on things that interest me in my spare time, like cooking, and [I want to] spend a lot of time with family.
Living at home “was not easy,” Meghan remembers — especially because her parents were enduring their own challenges at the time; they were going through a divorce.She admits to occasional insecurity, especially when it comes to dating; she worries she might not be as attractive as those who live independently."It's kind of a weird thing to navigate living with a parent. The longest stretch lasted about two years in her mid-'20s: After getting laid off, Megan found a job working in a gym, but it paid too little for her to support herself.Living with her parents definitely put a damper on her dating and social life.
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She’s super-tight with her mom, who she describes as low-key and easy to live with.