Study: Young adults from wealthy backgrounds rely more on parents

Children who come from higher socioeconomic backgrounds rely on their parents as young adults more than those from poorer families, according to new research from N.C. State University. Anna Manzoni, an assistant professor of sociology, studied young adults as they became independent from their parents and found that 41 percent of study participants still relied on financial support from parents. “Those who attended four-year colleges and those from higher socioeconomic backgrounds were much…

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