Parents, no matter their net worth, readily take risks, if they believe their children will benefit. And, the risks parents will take know no bounds—as seen in those facing federal prison trying to guarantee a college admissions to those who go into debt to pay for extra-curricular activities. However, why are parents so willing to take…
“Helicopter Parenting” has become a norm, which can delay adult children taking responsibility for themselves. More colleges staff are now sponsoring a PTA-like “College Parent Groups”. Adult children can also tie themselves to mom and dad; some request editorial advice on college papers through Google Documents. And, as no parent wants their child to suffer,…
Wonder no longer…
A neat interactive on earnings, occupations, and college majors from the Brookings Institution. You can view the median earnings for various careers over time based on factors like age, sex, college major, and whether you attended graduate school. The disparities in median earnings between the sexes are especially notable. Try putting in your own information…
Even though the news may be promoting economic recovery, a recent UCLA study showing that middle aged parents aged 50 to 64 are moving back into their elderly parents home with kids in tow for financial reasons – may support a competing meme that shows our current financial state isn’t so rosy. To further add…
