New College Grads Are Experiencing Failure to Launch

Half of recent college grads — those who started college in 2007, just before the Great Recession — are still relying on their parents for money, CNN Money reported.

A study by the University of Arizona showed those former students, many of whom graduated during one of the worst economic downturns in U.S. history, are still struggling in ways that could affect the broader economy.

Many of them said their financial situations have caused them to postpone life goals such as getting married, having children or buying a home, CNN Money said.

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