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It’s a rite of passage for college students to don cap and gown and march across the stage for graduation ceremonies- in fact, according to the National Center for Education Statistics (NCES) almost 1.85 million students will graduate with a bachelor’s degree in 2015. As those 1.85 million make the transition from undergraduates to careers, pursuit of advanced degrees or back into mom and dad’s basement, it’s critical that they understand how walking across the stage may have changed their insurance needs.
CONTEST DESCRIPTION: Twitter users who have purchased a new home between September 1, 2014 and May 31, 2015 can “Tweet” a photo of themselves, or family and friends, to the official Trusted Choice Twitter Account (@Trusted_Choice) to be eligible to win a $500 Visa gift card. Trusted Choice will notify the winner via Private Message on Twitter for confirmation and mailing information.
College graduation! The pictures, the gown, the caps in the air, the world awaits!
Yet many recent graduates will find themselves awaiting that world after returning to live in their parents’ home. Whether due to lifestyle changes, generational preferences or simply the economy, today’s graduates often find themselves wondering how their parents’ generation ever survived striking out on their own during and after college.
Those nostalgic times of “gone to look for America” via small apartments, shared houses, trailers or tents seem more fairy tale than reality to today’s often student-loan laden graduates and young adults. And it is not just recent graduates that return. Often adult children who have previously established separate residences find themselves returning to the nest following economic trial, divorce or illness, sometimes with their children in tow. This phenomenon of adult children returning home to live has become so common it has garnered its own name: the boomerang generation.
Potholes got you down? We understand. After this past winter’s severe weather, many motorists are experiencing costly vehicle damage from potholes. A survey conducted by Trusted Choice® and IIABA found that from 2009 to 2014 half of car owners experienced damage to their vehicles as a result of potholes. The survey also found that 31% of car owners who reported pothole damage to their vehicles filed a claim with their insurance company, but a surprising 65% of respondents who needed repairs said they (or a third party) paid out of pocket for the vehicle to be fixed.