"Majority of Young Adults Still Financially Dependent on Parents, Study Finds"

Many parents are still financially supporting their adult children well into their late 20s and early 30s, with a significant portion of young adults living with their parents and contributing financially to the household. The Pew Research Center's report highlights the impact of student loan debt and the various forms of financial assistance provided by parents, as well as the mixed impact on parents' own finances. Additionally, it reveals that a notable number of young adults are also financially supporting their parents, particularly those with lower incomes.