Drawing on research from the MacArthur Research Network on Transitions to Adulthood and Public Policy and 500 interviews with 20-somethings, Settersten and Ray reveal what is different about young adulthood today--and what to do about it. Among their key findings:
GenY has done battle with the economy.
They are closer to their parents than ever.
They might be too afraid of debt.
That frugality could last a lifetime.
Job-shopping is different from job-hopping.
Parents can help their 20-somethings by treating them like adults.