Are Your Kids Too Old for Gifts?

Between Black Friday and Cyber Monday, it’s impossible to get away from the message that we should be making a list and checking it twice. We wondered if adult children ever age out of the gift list. Not really, according to a very random survey among boomer women, both online and at a local gym. “You’re never too old for gifts from parents,” said a 25-year-old trainer who overheard the discussion. “At least I hope not!” Most moms surveyed, however, …

Banks Ease Terms for Struggling Student Borrowers

Big banks are beginning to cut some slack to distressed student-loan borrowers. Wells Fargo announced a new program this week that will lower the interest rate on loans so payments will be more affordable based on a struggling borrower’s income. The bank will review borrowers’ financial situations to determine whether they qualify for short- or long-term loan modification. >> 8 Hidden College Expenses According to the Wall Street Journal, both borrowers and cosigners will have to show financial hardship to get a modification. Modifications …

Debt for College Hits 70% of Graduates

Most graduates in the Class of 2013 left campus with more than a diploma. Nearly 7 out of 10 also had student loan debt. The average amount: $28,400, up 2 percent from the debt of those who graduated a year earlier. That’s according to a report by the Project on Student Debt at the Institute for College Access & Success, a California-based advocacy group that has been tracking these figures for nine years. >> Hidden College Expenses Education debt is a growing concern …

When Scary Headlines Make You Anxious About Millennial Kids

When our millennial children live in another city or away at school, most of the time “out of sight” means “out of mind.” But breaking news headlines can raise our anxiety levels to high alert, and recently that seems almost a daily occurrence. Example: the disappearance and murder of University of Virginia sophomore Hannah Graham. It attracted national media attention during the last few weeks, and no wonder: Many parents immediately related to the story. Grown & Flown blogger Mary …

Trending: The Empty Nest

A month has passed since the dorm drop-off, maybe several if your high school grad had other plans, and quiet fills the empty nest. While some parents quickly adjust, others struggle, and for them there’s a cottage industry of books and blogs, even Pinterest pages. The phrase “empty nest” produces more than 3 million hits in Google search. This certainly isn’t our parents’ empty nest where boomers headed off and never looked back. While there’s much advice on coping with …

Why Your College Grad Moved Back Home

At a party last weekend, I met a new college grad who had just moved back home. His plans: a camp counselor job this summer followed by a teaching assistant job come fall. Over the next year or so he plans to save money and figure out his future; maybe an M.S. in social work or a Ph.D. in psychology. He was looking forward to reconnecting with his parents after four years away. “It’s the last time I’ll live at …