Boomerang graduates return to the nest - Hometownstations.com-WLIO- Lima, OH News Weather Sports

Boomerang graduates return to the nest

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With a difficult job market an unprecedented number of adult children are moving back with their parents.

A 2010 Pew Research Center study showed 21.6% of adults ages 25 to 34 were living in a multi-generational household.

Many of these graduates of Ohio Northern University have their futures mapped out, but for some, finding a job may be a struggle and they may have to return back to the nest.

It's happening so often that experts refer to these people as the Boomerang Generation.  

Lori Stolly, a CPA with Rea and Associates in Lima says some ground rules must be laid down between the parent and the returning child so the expectations are clear.

The Ohio Society of CPA's has useful financial information for people dealing with Boomerang Graduates or any other financial situations.

The website is www.financialfitnessohio.com .

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