With poor economic conditions putting the squeeze
on those who ought to be launching their careers, and the long-held obligation to care for one's aging parents, middle-aged adults are finding themselves between a rock and a hard budget constraint.
National Public Radio reports
on the phenomenon of the "Sandwich Generation," or the one-in-seven adults who are caring for both their kids and parents simultaneously. It's a trend that's only increased in the last half decade, notes
Pew Research Center.
But while the pressure has been coming from both directions for those "sandwiched," public opinion says the greater responsibility lies with aiding the elderly, not those in the prime of their life.
"The public places more value on support for aging parents than on support for grown children," writes Pew. "75% say adults have a responsibility to provide financial assistance to an elderly parent who is in need; only 52% say parents have a similar responsibility to support a grown child."
Via NPR and Pew Research Center