Why are over half of all college graduates are planning to move back home?
Well according to the Student Monitor, 62% of college graduates leave school with $27,236 in debt. In addition, less than one-quarter of students and only 20% of parents say students are very well prepared to deal with the financial challenges that await them after graduation. Moving back home. Your son or daughter is slightly embarrassed but asks to move back home. Their dream of being on their own is on hold for now; and your new den has to be converted back to a make shift bedroom. Sure it will be nice to have the family all together again; but it is different now. You know your child would rather be making their own mark in the world and experiencing true independence after graduating. Plus there is something inside you that wants the new found freedom that you were enjoying. There is something you can do! The college debt pitfalls that are affecting so many young adults can be prevented. There are simple lessons you, as a parent, can pass on that will ensure your child has an earl