Still Launching?

Two women smiling and laughing on a beige couch in a cozy living room with sunlight coming through the windows.
Four glass jars filled with rolled dollar bills, each labeled with a different goal: 'Travel,' 'Car,' 'Education,' and 'House,' placed on a wooden surface with green plants in the background.
A woman hugging a girl tightly with emotional expressions in a bright room.

Parents and pundits have lamented the so-called “failure to launch” of millennial young adults. Popular books like Failure to Launch and How to Raise an Adult provide advice for parents, while others argue that economic barriers are the real culprits. Yet, amid this debate, we’ve overlooked how parents and adult children actually navigate their evolving financial relationships and the moral meanings each generation attaches to financial (in)dependence.

My dissertation addresses these issues through more than 140 interviews with young U.S. college graduates (in their late 20s and early 30s) and their parents. I explore the conditions under which financial dependence is viewed as appropriate or necessary and examine when financial support is sought, offered, or refused. By identifying the tensions that emerge and how families respond, I uncover their implicit understandings of what it means to be a moral and successful adult—and what it means to raise one.

Read more about my dyadic interviewing methodology here.

Logo of Munich International Stone Center for Inequality Research with white text and graphics on a navy blue background.
Elena G. van Stee, Russell Sage Foundation
Partial text reading 'IES' and a circular sunburst graphic on a blue background.
Elena G. van Stee, University of Pennsylvania Center for the Study of Ethnicity, Race, and Immigration