Would you support your kids into their 30s. Some financial adviserss say it might not be such a bad idea. And chances are plenty of people, you know, are already getting a little help.I spoke to adviserss who told me parents are chipping in for everything from vacations and credit card bills to down payments and major home renovations. One adviser described a 40-something woman still on her family's phone plan. About 60% of parents said they'd supported their grown children financially over the past year.On ...

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Societal Trends & Challenges - The percentage of 30-year-olds who are married and homeowners has declined from 50% in the 1950s to 12% currently [1] - Young men may lack social skills, leading to increased online communication and fragile relationships [3] - Pornography consumption is high, with over 50% of 12-year-old boys watching it [5][6] - Dating sites are optimized for user retention rather than relationship formation, contributing to loneliness [7] Economic Factors - Home prices have increased significantly relative to income since 1980, making homeownership unaffordable for many individuals [10] - Stagnant real wage growth, coupled with student loan debt, makes it difficult for young people to start families and achieve financial stability [19] - Government intervention in housing and education through programs like the Federal Home Loan Program and Federal Student Loan Program may have created bubbles of inaffordability [16][17] Generational & Educational Issues - A generation was wrongly advised to pursue university education to avoid job automation, leading to significant debt [22][23][24] - Trade jobs like electricians and plumbers can offer high income and no debt, potentially surpassing the financial well-being of some professionals with advanced degrees [24][25] Mental Health - Major depressive episodes are prevalent among US adults aged 18-25 [13] - Excessive internet use and social media can exacerbate feelings of isolation and inadequacy [15]

If you have federal student loans, financial aid, or plan to at any point in the future, you might want to pay attention. Here are three changes coming to federal student loans first. Number one, if you're facing economic hardship or job loss, you will not be able to apply for forbbearance or deferment of your loans starting in July 1st, 2026.Number two, parents will no longer qualify for public service loan forgiveness, and they will not be eligible for the new repayment assistance plan either. As a result ...

We now have proof that student loans are a gigantic scam. There's a viral video on X right now that is going to blow your mind. I'd like to know what type of crack Sally May is smoking that they think for the amount of $40,922 they should receive back $118,3559.I understand that this is an estimated cost. The fact that they for financing the money they want $77,38359 is asinine. That is crazy.But you know what. People are signing up for it. It's all about personal responsibility.When you sign the paper, you ...

That was me. Uh, my name is Ty Kumar and I'm a rising senior at Wward School. And in a high school, they teach us a lot.You know, they teach us how to derive the Mcorometric functions. We can quote McF, explain Newton's laws, and even write a half decent essay on the whole board. But a majority of us have no idea what a credit score is, no idea how to open a bank account, no idea the difference between a credit card and a debit card, let alone a compound interest.We're not financially illiterate because we' ...

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