What Boomer Parents Are Doing Wrong
Sally Koslow, in her new book Slouching Toward Adulthood: Observations from the Not-So-Empty Nest, has coined a new term for those young, educated, capable adults still living at home: she calls them "adulescents."
"Actually, one of my sons cooked up that word," she said, "because I really don't like the term 'emerging adult.' I see some kids who don't seem to be 'emerging' at all." In Slouching Toward Adulthood, Koslow chronicles the year she spent trying to better understand what's going on with Americans between the ages of 22 and 35 who find themselves back at home, largely supported by their parents.
Part humorous memoir and part hard-core investigation, Koslow paints a portrait of a socio-political and cultural crisis in-the-making, with statistics that underscore her findings: According to the US Census Bureau, by 2010 5.9 million people aged 20 to 35 were living back at home. Similarly, according to a 2011 survey by the National Endowment for Financial Education, approximately 59 percent of parents provide financial assistance to children aged 18 to 39 who were not students.