3/2/2024 0 Comments Typical bills to pay![]() Trump declares Ramaswamy winner of the fourth GOP debate: ‘Because he thinks. Trump lawyer says he will take stand in fraud trial regardless of gag order Texas Supreme Court pauses ruling allowing pregnant woman to have an abortionĥ takeaways on McCarthy’s exit from Congress ![]() Senators grapple with aftershocks of Tuberville blockade The COVID-19 pandemic drove adult children from cramped apartments and crowded downtowns into the more spacious confines of childhood homes. In 2022, 19 percent of men and 12 percent of women in the 25-34 age group cohabited with their parents. They’re postponing marriage and a first home purchase as they labor to dig themselves out. Young adults are staying in school longer and graduating with ever-larger loads of student-loan debt. Soaring home prices.Īmid those challenges, young Americans have blurred the line between childhood and adulthood. The findings come from a survey of 2,000 Americans conducted by market researcher OnePoll for Chartway Federal Credit Union in Virginia.įor young adults, the 2020s have posed one economic challenge after another: Spiraling inflation. It can be a huge asset to be able to turn to your parents.” “The cost of housing, of food: across the board, everything is expensive, especially in big cities. “It’s just really expensive to be a young person now,” said Kimberly Palmer, a personal finance expert at NerdWallet. ![]() Smaller shares of the 26-to-41 demographic reported parental help with groceries (22 percent), utility bills (19 percent), auto insurance (18 percent), car payments (16 percent) or streaming services (12 percent).
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