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Pittsburgh — When the scholarship and grant money that Danielle Newman received to attend the University of Pittsburgh did not cover the full price tag, the 18-year-old freshman used a student loan to cover the difference. Facing higher costs as an out-of-state student, she already assumes she will need student loans for the remainder of her undergraduate education.

“I borrowed $5,500 this year. I plan to borrow $6,500 next year and $7,500 the year after that,” said the rehabilitation science major from Newark, Delaware. “I will finish my undergraduate degree in three years, partly because it is so expensive.”

Another hard reality Newman has embraced is that she will likely need to move back into her parents’ home after she graduates, so she can make payments on her student loans while she gets started in the real world.

“I definitely believe that I will live with my parents for some period of time before I get my own place after graduation,” she said. “I haven’t talked to my parents about it because it’s so far down the road. I’m an only child. I think they will be OK with it.”

Saddled with historic amounts of student loan debt, the boomerang kid phenomenon — defined by college graduates who move out to attend higher education, but end up landing back on their parents’ doorsteps — has become the new normal.

According to a Harris Poll done on behalf of the New York-based American Institute of CPAs, more than one third of college students who enrolled in the fall of 2015 plan to live at home following graduation due to student loan debt. They also thought they might have to take a job outside their field of study.

On average, college students with loans thought they would be able to pay off loans in nine years after graduation. Only 18 percent said it would take more than 10 years. A quarter didn’t know how long it would take; and 6 percent said they had never given it any thought.

Carrie Coghill, CEO of Coghill Investment Strategies based in downtown Pittsburgh, said the potential downside of young adults moving back in with their parents is that they could get stuck in a stage of arrested development.

“The natural tendency as a parent is to want to take care of your child regardless of how old they are,” she said.

“As a parent, you should not revert to taking care of them as a child, such as cooking their meals, doing their laundry and paying their bills. That phase of life when they return home should be different than it was before they left.

“Previous generations went to college, got out, got a job and started a family.” Coghill said.

The fact that one-third of college students plan to live at home after graduation is not new information, according to Mark Kantrowitz, a college loan expert based in Las Vegas. He said that trend has been going on for about a decade now.

The good news, he said, is that things have not gotten worse.

“Moving back home is one of the best ways to cut expenses,” Kantrowitz said.

Other suggestions he offered recent graduates is to work a part-time job in the evenings or weekend, in addition to their main job. They could also cut housing costs by getting a roommate, selling their car, using public transportation, cutting back on cable, cellphone plans, eating out and entertainment.

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