State of Young America: Youth Housing

According to The State of Young America: Economic Barriers to the American Dream:

The share of young households spending more than 30% of income on rent was stable for two decades, but grew after 2000 to reach 41% in 2009.

Long-term economic trends, rising rental costs, and the Great Recession can all be seen in the decision to move home with parents.

The State of Young America: Student Financial Aid

According to The State of Young America: Economic Barriers to the American Dream:

Student financial aid has not kept up with increasing costs. In 1980 the maximum Pell Grant covered 69% of attendance, today it covers 34%.

Parental Support Provided to Adult Children After Age 18

According to the U.S. Census Bureau, approximately half of young adults ages 18 to 24 in the United States live at home with their parents:

• In 2003, 54% of young men and 45% of young women ages 18-24 lived at home with their parents. 
• In 2005, the numbers shifted a bit; 53% of young men and 46% of young women lived at home with their parents. 

A 2007 study sponsored by Ameriprise Financial on Money Across Generations revealed that nine out of 10 Baby Boomers have helped their adult children financially expenses such as college loans, automotive and home costs, medical expenses and/or allowing their adult child to move back home.

According to a 2005 research study on Family Support During the Transition to Adulthood:

"On average, for those living at home and those living independently, parents provide roughly $38,000 in material assistance – housing, food, educational expenses, or direct cash assistance – throughout the transition to adulthood (from age 18 to age 34). This averages to approximately $2,200 annually."

Please note that the amount of material assistance, $38,000 is cited in 2001 dollars. When the amount is adjusted to 2009 dollars using the CPI Conversion Calculator, it is $46,694.

Pieces of Me: Voices For & By Adopted Teens

Pieces of Me, Who do I Want to Be? is a collection of stories, poems, art, music, quotes, activities, and provocative questions for an adopted teen or young adult who wants to put the pieces of their adoption story together - but doesn’t know where to begin.

It is a book of voices, from ages 11 to 63, speaking honestly and authentically about what it means to be adopted. Most are adoptees from around the world – some are transracial, some are international, some are from foster care, some are young, some are old.

The book is separated into five sections:

• Gathering the Pieces
• Stolen Pieces
• Fitting the Pieces
• Sharing the Pieces
• Where do These Pieces Go?

Each chapter offers hope, encouragement, empowerment, and a sense of not being alone.

ISBN 9780972624442
www.emkpress.com/teenbook.html
info@emkpress.com

Health Reform Could Cover 13 Million Uninsured Young Adults

Young adults ages 19 to 29 are among the largest and fastest growing segment of the population without health insurance.