Comment on 'The economy is different now': Parents pay grown-up kids' bills with retirement savings

return2ozma@lemmy.world ⁨9⁩ ⁨months⁩ ago

Young adults face myriad economic challenges in 2024 America. College costs and student debt loads are rising. House prices have soared. Mercurial inflation and interest rates have vexed consumers.

Parents, for their part, seem ever more inclined to carry on with parenting well past the age a child exits childhood, removing every obstacle in their path. Some researchers call it “snowplow” parenting.

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