Is student debt responsible for 'boomeranging' among young adults?
Friday, January 6, 2017 - 17:01
in Psychology & Sociology
While student loan debt has reached an all-time high, it does not increase young adults' risk of 'boomeranging' or returning to their parental home, according to a study. Boomerangers, surprisingly, had less student loan debt than young adults who didn't return home. However, researchers found that the link between debt and boomeranging varied by ethnicity, finding an increased risk of boomeranging among black, but not white, youth.