Reply to Lots of friend's kids aren't getting jobs post college. Is this common?

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[quote=Anonymous][quote=Anonymous]What happened to graduating from college and living with two to three roommates for a few years until you can afford your own place or get married?

That is what my sister and her peers did in the 80s and what everyone I knew did in the 90s. My other sister graduated in the late 90s and her peer group did the same.

We were living paycheck to paycheck for the first few years. Very few people if any had parent help beyond setting up the first apartment, and most had none.  No one would have fathomed continuing to live at home off your parents dime.

Is it that many recent grads have an unrealistic idea of how most people start their adult lives?[/quote]

Like others, I moved in with my parents and worked after college. As did my siblings. My parents liked having us around I think. I’m 39 and the youngest and we’ve all been “launched” for at least 15 years. My parents live near Boston where I got my first job. It was $28k / year. I looked to get a room in an apartment in Cambridge or Boston but, at the time, they were all around $1,000 / month. This is a group house with 4-6 roommates. I spent two years living with them, then moved to DC in a group house in Glover Park for a year and then used the $24k I would have spent on rent on a down payment for my first condo. [/quote]

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