As New Graduates Return to Nest, Economy Also Feels the Pain

By Catherine Rampell --

Like most of her friends, Hollis Romanelli graduated from college last May and promptly moved back in with her parents. As a result, she didn’t pay rent — or a broker’s fee or renters’ insurance, for that matter. She also didn’t buy a bed, desk, couch, doormat, mop or new crockery set. Nor did she pay the cable company to send a worker to set up her TV and Internet, or a handyman to hang a newly framed diploma. She didn’t even buy drinks and snacks for a housewarming party.

Read the full article here.