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More college grads living with parents as student loan debt rises

Quick ReadLast year's college graduates came out owing an average of $25,250, up 5 percent from the year before. Some kids who went to private schools and didn't have rich parents are hitting adulthood owing six figures on their student loans.

2010 U.S. Census

Photo credit: Gordon M. Grant) | 2010 U.S. Census

Two recent reports from the government weren't connected but ought to be: According to the Census Bureau, more and more 20- and 30-somethings are still living with Mom and Dad on Long Island. And student-loan debt keeps rising every year.

Last year's college graduates came out owing an average of $25,250, up 5 percent from the year before. Some kids who went to private schools and didn't have...

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