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Parents, Are Your College Grads Still Asking For Money?

Graduate
Christopher Furlong,getty

Congrats UT-Tyler, A&M, and all you other college grads!  Now what?

A new study says half of college graduates are asking Mom and Dad for money, whether it’s a little for small purchases here and there, or whether it’s a lot for groceries, rent, and a car.

Life is expensive!  How much are grads earning at their first full-time job?

A CNN Money article says full-time workers right out of college get between $40,000 and $60,000 a year, and part-time employees said they earn between $25,000 and $40,000.

Some are postponing things like marries, houses, and babies for several years to get better financial footing, and perhaps have more time to ask Mom and Dad to pitch in on that too.

I think Mom and Dad know you’re not coming over just for dinner, hugs, and quality time!  The good news is, you’ll be off on that hot career path soon, making big bucks and then you can pay Mom and Dad back for all of their love and support over the years. That’s on the bucket list, right?

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