Read the Generation Y Transcript
Jane: ...many grown kids suffer from what I call the ADD of young adulthood, addiction, dependence and depression. And particular dependence, emotional dependence, which is different from love, but sometimes looks exactly like it, and depression, which is different from being in a bad mood, but sometimes looks a lot like it, particularly to parents. Young adults today are very dependent on their parents emotionally. I have friends whose kids are in college now, they are texting and they are on the phone a million times a day. I don't think I ever wrote home when I was in college unless it was because I needed money.
Walker: When my father dropped me off at college, he was glad to see me go. And if I came home more often than Thanksgiving, he was disappointed. But it's a very dramatic phenomenon. There was a study that was done by a couple of demographers at Stanford University. So they went out and they did a little survey and they said, "What do you have to do by age 30 to be an adult?" And the top things were you had to have a job, be married, be financially independent, have a kid and have left home. Those were the top five things. So then they said okay let's go have a little fun. Let's look in the 1960 census and see how many 30 something's or shortly thereafter met those criteria. Two-thirds of men in 1960, three-quarters of women. Women do this better than men as you say, but that was the norm. Then they looked at the 2000 census. In the 2000 census it was less than a third of men and less than half of women who by age 30 had completed the five things that people generally regard as the things you have to do by age 30 to be considered an adult. So it's a pretty big phenomenon nowadays, which really defines one of these differences between the generations. Boomers were rebelling against norms, and today's generation doesn't feel the pressure of norms. Theirs is much more diversity of lifestyles and permission to be different that people feel today than Boomers felt. You don't have to rebel to be different today. Boomers had to do that.
Jane: And I also want to say, it's not only economy, the economics that force kids, that make kids stay at home or return home. There is a sense of I can go home again without being judged, which very few Boomers felt.
Tammy: Right, in fact, they actually think you like it.