Another quote from that article:
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At some point they'll have to be more independent, but that breakaway will occur later than in past generations. It's now happening in their mid-20s." Parker received several requests from parents to get their own university ID cards so they can have easy access to the career center to "take care of their child's business." Parker denies all of those requests.
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Six months ago, Merrill Lynch held a parent's day for parents of new hires so they could see the office and hear more about the company their child will be working for.
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Too funny, unbelievable really.