Post-grad parental support: Who pays for what?

As you enter the working world, what you pay for and what your parents pay for may shift. Take this poll to compare your financial support with your peers.

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College graduation is often an indicator of entering the “real world” and becoming an adult. But having a bachelor’s degree may not mean you can — or want — to cut financial ties from mom and dad.

A Upromise by Sallie Mae survey finds that 68% of students expect financial support from mom and dad after leaving school. The good news is your parents are likely on the same page: 65% expect to support their kids for up to five years after they graduate.

But when do you really need mom and dad — and when should you forge ahead on your own? The answer isn’t always clear.

Health insurance is one area where many grads opt to stay on their parents’ plan. Under current law, you can stay on your parents’ health insurance policy until you turn 26 years old. This enables you to stay on your parents’ health insurance plan even if you’re married, not living with or financially dependent on your parents, or are eligible to enroll in health coverage through your employer.

For many other financial considerations, who pays for what is largely up to you and your parents. So how do you compare to your peers when it comes to your parents financially supporting you? Answer our poll below and you’ll see the results when you submit!