When CollegeGrad.com surveyed last year's graduating class, it found that around 80 percent of students were choosing to move back in with their parents because of the down job market. They indicated that they would continue with these living arrangements until employment was secured.
Things have not changed all that much for this year's college graduates. Towson University career center director Guy Davis told the Baltimore Sun that students are still entering a rough economy. "A good number are still searching," for jobs he said.
Davis told the Sun he estimates that only 20 percent of college graduates have jobs lined up, with a significant amount seriously considering further schooling. With the unemployment rate for the 20- to 24-year-old age range double what it was in 2007, students have good reason to move back in with their parents.
College graduates moving back home should consider a variety of options for moving their belongings, including pods - which can be considerably cheaper than hiring a full-service relocation company.
More News