Zionsville Times Sentinel

Community News Network

January 31, 2014

More 27-year-olds live with parents than roommates

WASHINGTON — A recently published study from the Department of Education casts new light on the State of the 27-Year-Old Today. The report, which in 2002 began following roughly 15,000 young men and women from their sophomore year in high school through their mid-20s, draws a picture of educated, debt-saddled young adults, more than half of whom are in some kind of committed relationship. It shows, incredibly, that around 10 percent of 27-year-olds feel they have already fulfilled their career goals. (Dear Lord - either these Americans have set scanty goals or that is a lot of leaning in.) But perhaps the most surprising factoid is this: There are more men and women at age 27 living with their parents than with roommates.

According to the study's authors:

Overall percentages for all 2002 sophomores as of 2012 were as follows: 19 percent were living alone, 42 percent were living with a spouse or partner, 10 percent were living with roommate(s), 23 percent were living with their parents, and 6 percent had some other arrangement.

               

So, granted, the plurality of 27-year-olds have shacked up with a romantic partner - and, the report says, this pattern holds across all levels of educational attainment. But among all participants except bachelor's degree holders, who were slightly more likely to be living alone than with mom and dad, the parental nest was a close second. And, again, everyone was more likely to live with their folks than with roommates. Pop quiz! Is this because:

1. Roommates are at best one of the world's great Russian roulette games, and at worst a plague upon humanity?

2. Millennials are victims of a coddling culture of self-esteem, broken-winged, suffocated by the poisonous comforts of suspended adolescence?

3. The Great Recession made it impossible for many 27-year-olds to afford rent?

I know which choice seems right to me. The study finds that almost 80 percent of 27-year-olds are in debt, whether from student loans, credit cards or mortgages; since 2009, 40 percent have been unemployed; more than 85 percent describe their finances as either "somewhat stressful" or "extremely stressful"; and in 2010, as the Atlantic's Jordan Weissmann pointed out, they were more likely to be earning less than $15,000 from work than they were to be earning more than $40,000: http://bit.ly/1d2xPUf

               

When I lived with my parents (lo those many years ago - two years), the arrangement was more than convenience - it was necessity. Getting a paying job helped. But I am already anticipating the "millennials are shiftless bums" spin on this data and preparing my personal, indignant defense: I have never received a participation trophy for a sport in my life, nor do I know many 26-year-olds who have. Though I am grateful that my parents were willing and able to let me live with them, my sojourn at home wasn't about my reluctance to leave the nest. It was about, on some level, having a place to sleep while I blundered through the job search. Or having a place to blunder while I slept through the job search. In any case, thanks, Mom and Dad.

 

1
Text Only
Community News Network
  • Screen Shot 2014-04-16 at 12.51.22 PM.png VIDEO: Toddler climbs into vending machine

    A child is safe after climbing into and getting stuck inside a claw crane machine at a Lincoln, Neb., bowling alley Monday.

    April 16, 2014 1 Photo

  • portraitoflotte.jpg VIDEO: From infant to teen in four minutes

    Dutch filmmaker Frans Hofmeester’s time lapse video of his daughter, Lotte — created by filming her every week from her birth until she turned 14 — has become a viral sensation.

    April 16, 2014 1 Photo

  • Victimized by the 'marriage penalty'

    In a few short months, I'll pass the milestone that every little girl dreams of: the day she swears - before family and God, in sickness and in health, all in the name of love - that she's willing to pay a much higher tax rate.

    April 15, 2014

  • Allergies are the real midlife crisis

    One of the biggest mysteries is why the disease comes and goes, and then comes and goes again. People tend to experience intense allergies between the ages of 5 and 16, then get a couple of decades off before the symptoms return in the 30s, only to diminish around retirement age.

    April 15, 2014

  • treadmill-very-fast.jpg Tax deduction for a gym membership?

    April marks another tax season when millions of Americans will deduct expenses related to home ownership, children and education from their annual tax bill. These deductions exist because of their perceived value to society; they encourage behaviors that keep the wheels of the economy turning. So why shouldn't the tax code be revised to reward preventive health?

    April 15, 2014 1 Photo

  • bomb1 VIDEO: A year after marathon bombing, Boston remains strong

    The City of Boston came together Tuesday to honor those who were injured and lost their lives at the Boston Marathon on the one-year anniversary of the bombing. While the day was sure to be emotional, those affected by last year's race are showing they won't let the tragedy keep them down.

    April 15, 2014 1 Photo

  • Google acquires drone maker Titan Aerospace to spread Internet

    Google is adding drones to its fleets of robots and driverless cars.
    The Internet search company said it acquired Titan Aerospace, the maker of high-altitude, solar-powered satellites that provides customer access to data services around the world. Terms of the deal weren't disclosed.

    April 14, 2014

  • E-Cigarettes target youth with festivals, lawmakers say

    The findings, in a survey released Monday by members of Congress, should prod U.S. regulators to curb the industry, the lawmakers said. While e-cigarettes currently are unregulated, the Food and Drug Administration is working on a plan that would extend its tobacco oversight to the products.

    April 14, 2014

  • Search teams will send unmanned sub to look for missing Malaysian airliner

    Teams searching for a missing Malaysian airliner are planning for the first time to send an unmanned submarine into the depths of the Indian Ocean to look for wreckage, an Australian official leading the multi-nation search said Monday.

    April 14, 2014

  • Why Facebook is getting into the banking game

    Who would want to use Facebook as a bank? That's the question that immediately arises from news that the social network intends to get into the electronic money business.

    April 14, 2014

Order Times Sentinel photos


Photos from April 2014

Facebook
Twitter Updates
AP Video
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide