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Parents are still subsidizing their adult children (this coming after we learned that parents subsidize their adult children):

At 23, Jason McGuinness lives a postcollege life in Manhattan that is very nearly typical. He works as a media research analyst, making about $30,000 a year. Sharing a two-bedroom apartment on the fourth floor of a walk-up building with a roommate on the Upper East Side, his portion of the rent is $1,100 monthly.

The walls are decorated with pennants and posters from Syracuse University, his alma mater. He orders takeout dinners, carries peanut-butter sandwiches to work and occasionally takes in a Mets game with friends.

And like many of his peers — educated, employed, urban-dwelling young adults — he receives monthly assistance from his parents, in the form of a $300 check and the payment of his cellphone bill.

. . .

Middle-income parents earning less than $72,600 a year can expect to spend $190,980 on a child through age 17, according to 2005 government statistics. But Dr. Schoeni said that parents can plan on paying almost 25 percent of that amount again over the next 17 years, or $42,280 in 2005 dollars. This sum includes higher education but also much more.

Parents pay $2,323 a year to help support children 25 and 26 years old, said [University of Michigan associate professor of economics and public policy] Dr. [Bob] Schoeni, and $1,556 annually for offspring 33 and 34. (All amounts are in 2001 dollars and reflect support to children living both independently and at home.)

All of which is well and good — until you hear that the adult children of David Maysles* are also subsidized, which is when it just gets really post-modernly weird:

While some parents earmark contributions for food and rent, others expect their children to take care of the basics while they pick up special expenses like a vacation.

“I’m enjoying watching them spend their inheritance,” Judy Maysles, a real estate agent in Manhattan, said about the support she provides to two grown children, John, 30, who works with a hedge fund in New Jersey, and Celia, 27, a filmmaker. “I’d rather spend it now and watch them and enjoy it with them. I think that a lot of my generation feel that way.”

She bought her daughter appliances for a house in Portland, Ore. Now the proceeds from selling that property are enabling Celia Maysles to make a documentary about her late father, the documentary filmmaker David Maysles.

Eventually, most children outgrow the need for a stipend. But the instinct of parents to give — and of children to receive — can linger on. When John Maysles got a dog four years ago, his mother told him he couldn’t leave it alone all day.

“So I pay for doggy day care,” she said. “It is $16 a day. Probably he could afford it, but it has been on my credit card and I haven’t changed it.”

Aggh! Don’t bring up pets in connection with the Maysles family! (Thursday Styles is on fucking fire this week!)

*Maysles co-directed the creepy documentary Grey Gardens, which basically defines “emotionally fraught parent-adult child relationship.”

Posted: April 21st, 2006 | Filed under: Cultural-Anthropological, Dude, That's So Weird
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