Young Adults Living with Parents More Likely to Have a Better Future
Young Adults Living with Parents More Likely to Have a Better Future

A recently conducted study by researchers at the University of Minnesota has revealed that young adults who receive support from their parents during early adulthood years are more likely to grow into having a more autonomous and self-reliant life later on. The findings of the study will appear in the soon to be published edition of the publication known as the Journal of Marriage.

Talking about the study, author and a Sociology Professor at the University of Minnesota, Teresa Swartz, said that the fact that youngsters these days depend so heavily on their parents for financial stability has resulted in many people believing that the current generation was suffering from stunted development and were immature. She went on to say that the current life of adults Is a lot more arduous and long, when compared to the life adults had three decades ago.

It was found in the study that half of the youngsters in their mid-20s were dependent on their parents for money or stayed at their parent’s home. However, the number fell down to 10 to 15% for those in their 20s; it was also revealed that the statistics witnessed a 15% drop with the passage of every year.

Apart from that, it was also reported that parents happen to provide financial assistance or advice to youngsters if they happen to go through a phase of financial difficulty, serious illness or a divorce.

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