Is student debt responsible for 'boomeranging' among young adults?
Friday, January 6, 2017 - 14:21
in Psychology & Sociology
While student loan debt has reached an all-time high, with the average college graduate owing $30,000 in student loans, it does not increase young adults' risk of "boomeranging" or returning to their parental home, according to a Dartmouth-led study published in Sociology of Education. Boomerangers, surprisingly, had less student loan debt than young adults who didn't return home.