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College grads become 'boomerangs,' return home after graduation (How will they afford Commiecare™?)
NBC 17 ^ | 5/13/11 | Justin Quesinberry

Posted on 05/14/2011 2:37:06 PM PDT by Libloather

College grads become 'boomerangs,' return home after graduation
By Justin Quesinberry
Published: May 13, 2011

RALEIGH, N.C. - After college graduation, some students will begin their jobs, others will pursue another degree, but a growing number will head back where they started – home.

According to a poll by Twentysomething, Inc., 85 percent of college graduates will move home. That’s up from 67 percent in 2006.

Brian Cutchin, a North Carolina State University senior set to graduate Saturday, is one of those so-called “boomerangs.”

“I didn't think it would be this tough, I thought getting a degree from NC State would be good, but I guess with the economy downturn that happened, things changed,” he said.

NC State’s Career Center Director Carol Shroeder said she’s familiar with the term “boomerang.”

"I feel so sorry for their parents. It's very difficult. Obviously it's a good way to save money. It's a good way to get support,” she said.

Shroeder said she’s received reports that employers are increasing their hiring, but she said it’s to early to say for sure. While she said the number of jobs posted online is up, those positions may not be exactly what students want.

"Some students say, 'Well, if I take a job well beneath my educational capabilities then I'm doomed forever.’ No, I think the hiring market will be much more understanding of why you had to take a job that was not a particularly good job,” she said.

(Excerpt) Read more at 2.nbc17.com ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: college; commiecare; grads; graduation; home
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How about go to college while living at home, save that wasted dorm room loot and then move out of the parent's pad after collich is over? Just axing.

Some self-help from Time - What to Do When Your Adult Kids Are Terrible With Money

1 posted on 05/14/2011 2:37:13 PM PDT by Libloather
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To: Libloather

Maybe because your degree in “climate change studies” or “peace studies” or “green technology” isn’t that feasible in the real world...except as a barista.


2 posted on 05/14/2011 2:41:15 PM PDT by max americana (.)
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To: max americana
Barista? You know of some openings?

With a lingering 19% total unemployment/underemployment rate, these kids aren't being picky.

The Great Obama Recession is creating a permanent army of unemployed young folks, and none of the Democrats are at all focused on "JOBS".

3 posted on 05/14/2011 2:44:48 PM PDT by muawiyah
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To: max americana

...what proportion of these students (and their parents) voted for nobama???? Enquiring minds want to know.


4 posted on 05/14/2011 2:45:37 PM PDT by hal ogen (1st amendment or reeducation camp?)
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To: Libloather

This hasn’t been a problem in my home.

Rather than go for a “garbage degree”, our son went for an ME (Mechanical Engineering) degree. Since some of his credits from his first year college didn’t transfer over to Texas Tech, he finished his degree in 4.5 years.

Degree in hand, he hired on with a good firm and hasn’t looked back, from his own place and not smothering in debt.

Needless to say I am proud of him.


5 posted on 05/14/2011 2:46:21 PM PDT by Howie66 (I can see November (2012) from my house.)
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To: hal ogen

Obama Voters getting their Hope & Change!


6 posted on 05/14/2011 2:46:29 PM PDT by RBW in PA
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To: Libloather

>> is one of those so-called “boomerangs.”

I wonder how many of these “boomerang” kids is the product of “helicopter” parenting? Helicopter parents seem to produce the most infantile, parasitic children I’ve ever seen.


7 posted on 05/14/2011 2:46:43 PM PDT by Bryanw92 (We don't need to win elections. We need to win a revolution.)
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To: Libloather

I got a thing from my health plan a few weeks ago that said I could cover my kids up to age 30 (instead of 22) because of commiecare.

I thought, yes, that’ll work. By age 30 the odds are NO one will want to pick them up for a decent price (lots of people get something during their 20’s that makes them difficult to insure) and then there is going to be a whole bunch of 30 year olds crying because they have no insurance.

I told my kids to stay on their private plans- which, by the way, the companies keep sending them letters trying to get them off.


8 posted on 05/14/2011 2:48:33 PM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: muawiyah

And it is even worse for blacks.


9 posted on 05/14/2011 2:49:12 PM PDT by ilovesarah2012
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To: hal ogen

A high percentage, that’s for sure. Anyway, we are on track on becoming the next Argentina. It’s only a matter of time before the dollar gets devalued.


10 posted on 05/14/2011 2:49:25 PM PDT by MinorityRepublican
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To: Libloather
"Some students say, 'Well, if I take a job well beneath my educational capabilities then I'm doomed forever.’ No, I think the hiring market will be much more understanding of why you had to take a job that was not a particularly good job,” she said."

Spot on. It's all about achievement. I took jobs digging ditches, felling timber, and operating heavy machinery. During job interviews, prospective employers in 3-piece suits were visibly impressed with a "can do" attitude. No job too big, too small, or too dirty. You want it done? I can make it happen.

11 posted on 05/14/2011 2:50:50 PM PDT by PowderMonkey (WILL WORK FOR AMMO)
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To: Libloather
"I feel so sorry for their parents. It's very difficult. Obviously it's a good way to save money. It's a good way to get support,” she said.

Sounds like a common lib with a govt job and pity dripping out of her...ear.

Families sticking together in hard times wasn't always a bad thing.

Lots of boomers didn't get around to having kids until their 30s or even later. These parents might actually benefit from having a younger adult on the premises. In some cases, it's that or cash in the assets and head for Shady Pines. In some cases, it's pay the lawn guy, the grocery delivery, the taxi, the laundry...all the home repairmen...the snow shoveler...get the picture?

12 posted on 05/14/2011 2:51:21 PM PDT by 668 - Neighbor of the Beast (Bad posters drive out good; don't post and drive!)
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To: Libloather
NC State’s Career Center Director Carol Shroeder said she’s familiar with the term “boomerang.” "I feel so sorry for their parents"

Hey, Carol! Do you feel sorry for the parents when your employer sends out the tuition bills?

13 posted on 05/14/2011 2:53:16 PM PDT by LibFreeOrDie (Obama promised a gold mine, but will give us the shaft.)
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To: Libloather

You can’t always live at home when going to college.

However, to answer the question more directly, they don’t have to figure it out. Their parents will, because Obamacare covers you until you’re 25.


14 posted on 05/14/2011 2:55:28 PM PDT by Jonty30
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To: Libloather

If I had it to do over, I think I’d offer my kids a deal. If they didn’t go to college, I’d give them a lump sum eqal to 10% of whatever tuition I’d be saving. And from there they’d be on their own.


15 posted on 05/14/2011 2:55:56 PM PDT by Argus
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To: muawiyah

Some good job boards:

Indeed
http://www.Indeed.com

Nation Job
http://www.nationjob.com

State Job Banks
http://www.ajb.dni.us

Jobvertise USA and Canada job search
http://www.jobvertise.com/search

SeniorJobBank.org
http://www.seniorjobbank.com/


16 posted on 05/14/2011 2:56:31 PM PDT by 2ndDivisionVet (How do you starve an Obama supporter? Hide his food stamps under his work boots.)
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To: ilovesarah2012
Fitty ~ 50%!

When this country elected Jimmy Carter, a peanut farmer, to the Presidency we had a peanut famine that lasted through his presidency.

When we elected Barak Obama, a black man with a good job, to the Presidency, we should have expected a record shortage of jobs for black men through his presidency.

We've really gotta' be careful about trying to elect a good lookin' gal to the Presidency. Next thing you know there'd be a serious shortage!

17 posted on 05/14/2011 2:56:37 PM PDT by muawiyah
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To: max americana

An aquaintance has a daughter living at home after graduating with a degree in film making. She is now a caretaker for a handicapped child.


18 posted on 05/14/2011 2:57:13 PM PDT by Rennes Templar
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To: Libloather

This is great. We had the Baby Boomers, now we have the Boomerangers.


19 posted on 05/14/2011 2:57:40 PM PDT by Harley (Will Rogers never met Harry Reid.)
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To: hal ogen

You can bet “our” dummy kids voted overwhelmingly for Obama, butt heads that they are. They just don’t get it. Capitalism, free markets, individualism, freedom, that’s what creates jobs and grows an economy. It took India seventy years to learn that and now, no socialism, no communism in Mother India. Even the ChiComs got it figured out in their own way. Only the USA with Obama and his America hating Democrat Party continue to destroy American jobs and our economy. American college & university graduates, I’ve got a graduating pin for you all. It’s called pin the tail of the Obama/Democrat donkey on your chest and label it, “I’m as dumb as they come!!!”


20 posted on 05/14/2011 2:58:06 PM PDT by JLAGRAYFOX
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