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Why 40% of Millennials are living with family

Posted at 8:01 AM, Dec 22, 2016
and last updated 2016-12-22 08:01:48-05

Parents, if you still have a child in their 20s living at home, you're in good company.

New data from real estate tracker Trulia shows nearly 40% of Americans between the ages of 18 and 34 were living with parents or another family member in 2015.

Experts say stagnant wages and increasing student debt could be keeping kids from moving out.  Reports show the average college student these days is graduating more than $30,000 in debt.