• Graduation to nowhere


    (MyFoxBoston.com) – Graduation Day is a proud time for families, but unfortunately for many recent college graduates finding work poses certain challenges earlier generations did not have to face.

    With the job market still being tough, some student loans go unpaid and there is a high probability grads might be moving back in with mom and dad. They're part of what's being called "Generation Me." And some recent grads say they wouldn't have it any other way.

    For these recent grads, the comforts of home – mom doing all the laundry, mom making the beds, and of course, mom cooking spaghetti and meatballs – is still the reality.

    Scarlett moved back home after graduating from Suffolk University in 2012 and says she enjoys living home.

    "I moved home because my mom cooks home-cooked meals all the time," Scarlett said. "I love my own bed. I'm comfortable in my own room. Being at home is just, it's easier."

    The decision to move home has been made easier and is sometimes necessary while grads find their footing and get on track. But does having the comforts of home make the lucky ones feel less inclined to seek a job?

    Professor Todd Farchione, a clinical psychologist at Boston University's Center for Anxiety and Related Disorders, says giving grads all the comforts of home could backfire.

    "The employers are going look at it and say well what have you been doing for two, three, four years. And staying with mummy and daddy is not a good explanation," Farchione said.

    On the other hand, Scarlett says she'd rather stay with her close-knit family while she waits for the perfect job.

    "I thought I'd graduate from college, and I'd find a job and I'd know exactly what I want. But in reality, I still don't know what I want and I'm trying different jobs here and there to see what my real fit is," Scarlett said.

    And, Scarlett is not alone.

    According to a recent survey, 85 percent of college grads are moving back home, and 54 percent of people under 25-years-old are unemployed, which brings many parents back to the question – is college even worth it?

    The College Board shows tuition in both private and public, four year colleges spiked almost 4 percent for the 2012 – 2013 academic year which puts the cost of one year of college tuition at approximately $22,600 to $29,600. Tack on housing, food, and books, and that is roughly another $14,000.

    "What I see with parents is they say, ‘That's it, I'm cutting ‘em off,' Farchione said. However, he does not think this is the best solution.

    In order to break the chain, Farchione suggests instilling the importance of independence at the initial stages of the child's life. The best idea is to bring up the child in a way that promotes values and traits that will be important later in life.

    With more graduations right around the corner and a job market that has not budged, could this trend be putting the futures of our children at risk?

    Farchione worries some young adults may not be getting out on their own and adopting a lifestyle where they continue to allow their parents to take care of them. He fears future generations of parents will not be able to teach their kids these important values.

    Scarlett knows she is one of the fortunate ones as she is able to lean on her family for support until she finds a job that suits her. But for all the other graduates out there who aren't so lucky, and have no choice but to actively look for work, we say keep at it there are signs of employment rates recovering.

    You may not get your dream job at first, but you'll pay the rent and find your way

    To the rest of you at home…well Mothers' Day is Sunday, so let's make it a good one.

    Next Up: