Home > Publications . Search All . Browse All . Country . Browse PSC Pubs . PSC Report Series

PSC In The News

RSS Feed icon

Xu et al find lower cognition at midlife for adults born during China's 1959-61 famine

UM's Wolfers on separating deep expertise from partisanship in analyses of economic condtions

Findings by Burgard, Kalousova, and Seefeldt on the mental health impact of job insecurity

More News

Highlights

Apply by Jan 8 for NIA-supported PSC post-doc fellowship, to begin Sept 1, 2018

On Giving Blue Day, help support the next generation through the PSC Alumni Grad Student Support Fund or ISR's Next Gen Fund

Bailey et al. find higher income among children whose parents had access to federal family planning programs in the 1960s and 70s

U-M's campus climate survey results discussed in CHE story

More Highlights

Next Brown Bag

Mon, Jan 22, 2018, noon: Narayan Sastry

Historical Trends in Parental Financial Support of Young Adults

Publication Abstract

Download PDF versionWightman, Patrick, Megan E. Patrick, Robert F. Schoeni, and John E. Schulenberg. 2013. "Historical Trends in Parental Financial Support of Young Adults." PSC Research Report No. 13-801. 9 2013.

Relative to 30 years ago, young adults are taking longer to complete school, begin careers, get married and have children. Moreover, the number of pathways describing the ordering of these events has greatly proliferated. It has been hypothesized that parental financial support has facilitated this delay, but there have been no empirical assessments of changes in the levels of financial support received by young adults over this time period. This is due largely to the fact that information on intra-family transfers from parents to young-adult children in large-scale, nationally-representative datasets is both rare and, where available, restricted to relatively recent cohorts. One exception is the national Monitoring the Future study (MTF), whose cohort-sequential, longitudinal design allows us to examine how patterns of parental support vary with the historical demographic and economic changes in the transition to adulthood. Dividing our sample into post-adolescents (respondents primarily ages 19-22) and early adults (23-28), we find significant increases in the receipt of parental financial support among both groups between the early 1980s and 2011. These changes coincide with increases in school attendance and declines in full-time employment and marriage. While young adults' dependence on support varies by family SES (measured by parental education), disparities have not increased over time.

Country of focus: United States of America.

Browse | Search : All Pubs | Next