High levels of student debt have created a delayed adulthood. The average student will graduate with approx. $28,000 in debt. Many young adults are forced to move back home because there is no job opportunity in their field to get their life started. Studies show that more than 25% of young adults from 25 years old to 29 years old now live with their parents. It is believed that a student can easily find a job and pay off the debts, but that may not be the case for most graduates.
The unemployment rate amongst graduates is 1.7% lower than students in high school or how have only a high school diploma. Students with high school education have a higher employment rate with only a high school