Think Student Debt Is What's Driving the Millennial Boomerang? Think Again

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Think Student Debt Is What's Driving the Millennial Boomerang? Think Again

Jan, 14th 2017

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CONCORD, N.H. — While both college debt and the “boomerang” phenomenon are growing, a new study casts doubt on the notion that staggering student loans are driving young adults back to their parents’ doorsteps.

In the past decade, student debt has doubled, with the average 2015 college graduate owing $30,000. The rate at which young adults “boomerang” also is increasing — recent studies report that between 20 and 50 percent are returning home. Many assume the former causes the latter, but Jason Houle and Cody Warner — assistant sociology professors at Dartmouth...

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