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77% of parents say their relationship with their young adult children is excellent or very good. Moms rate the relationship more highly than dads, and upper- and middle-income parents give higher ratings than those with lower incomes. 41% of parents say their young adult children rely on them a great deal or a fair amount for emotional support.
By age 25, the financial differences between young adults today and those in 1980 are narrower but still statistically significant. About two-thirds of 25-year-olds (66%) were working full time in 2021, compared with 73% in 1980. And 60% were financially independent in 2021, compared with 63% in 1980.
Focus groups with young adults in France, Germany and the United Kingdom revealed that these young people see the U.S. as the “world’s policeman” with a self-interested history of interventionism, while China is labeled the “world’s factory,” respected for its economic dominance but criticized for its expansionism and human rights ...
Young adults today are coming of age in a different economic and social landscape than their parents did. To understand how things have changed, we used government data to analyze the shares of today’s young adults reaching certain key milestones and how that compares with 30 years ago, when their parents were around the same age.
There are notable age differences when it comes to assessing the circumstances of young adults today. While majorities across all age groups say young adults have it harder when it comes to buying a home, saving for the future and paying for college, Americans ages 18 to 29 are more likely than older age groups to say this.
Today’s young adults are more likely to be living with their parents than young adults in the early 1990s, when their parents were around the same age. (Read more in Chapter 1 of this report.) Most young adults who live with their parents say they contribute financially to the household in some way.
The share of young adult households with any student debt doubled from 1998 (when Gen Xers were ages 20 to 35) to 2016 (when Millennials were that age). In addition, the median amount of debt was nearly 50% greater for Millennials with outstanding student debt ($19,000) than for Gen X debt holders when they were young ($12,800). Housing
Young women are much more likely than young men to say their parent relies on them a great deal or a fair amount for emotional support (34% vs. 18%). This is even more striking when looking at those answering about a mother: 44% of young women say their mother relies heavily on them for emotional support, while a quarter of young men say the same.
Young adults are less likely than middle-aged and older adults to say parents today are doing too much for their young adult children. About three-in-ten (31%) of those ages 18 to 29 say this compared with 55% of those ages 30 to 49 and more than six-in-ten of those 50 and older.
The age differences in partisanship seen in the public overall are evident among both men and women. For instance, both men and women under 30 align with Democrats by about a two-to-one margin. Men and women voters ages 30 to 49 are fairly divided in their partisan allegiances, though the Democratic Party holds a modest edge among women in this ...