One in five Americans in their 20s and early 30s live with his or her parents, and 60 percent still rely on them for financial support.
 

Many have spoken critically of this generation of financially-dependent post-grads, labeling them the “Boomerang Generation” – a generation of Americans that frequently boomerang back to their parents’ home after graduation.
 

While many might brush this off as a temporary byproduct of the recession, a new expose by The New York Times offers what many will see as a more discouraging picture.
 

The prevalence of young adults living off their parents is the continuation of a trend – a new, permanent cultural norm of moving back home after graduation to cope with crippling student-loan debts and an increasingly competitive and unequal job market.
 

Should this trend of the “Boomerang Generation” be seen as the reasonable response to economic shifts or indicative of the death of the American Dream?

 

Thomas Freeman is Texas-transplant and aspiring journalist trying (but often failing) to navigate New York City. A current NYU student, Thomas also writes articles and manages media content for 20to30.

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