Sorry, parents of recent graduates—you might've written your last tuition check for your child, but you're not off the hook yet. CNN Money reports nearly half of recent graduates are still relying on their parents for money...and we're sure your little angel might be one of them.
Research from the University of Arizona found that even after two years out of college, graduates are struggling to make it financially on their own.
The study followed more than 1,000 students over the course of five years. These graduates said their financial limitations have delayed them from buying a house, getting married or having children.
Much of their financial struggle has to do with their student loan debt and today's tough-as-hell job market. In fact, only 49 percent of them say they work full-time (earning about $40,000 and $60,000 a year), and nearly half rely on family for financial support.
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