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Wightman, Patrick, Schoeni, and Schulenberg find today’s young adults get more financial support from parents than young adults in 1980s
February 13, 2017
Using data from ISR’s Monitoring the Future, former PSC trainee Patrick Wightman and PSC researchers Megan Patrick, Bob Schoeni, and John Schulenberg found that twenty-somethings were more financially dependent on their parents than their counterparts in the 1980s. Specifically, less than half of this group received parental support in the 1980s, but nearly 70% did by 2010. The researchers examined differences in support given to young adults based on their employment, marital, and educational status and by family SES.