My 22-year-old daughter, Emma, waved goodbye to her college campus last spring and walked into a job this fall. Given the still-tepid state of the economy and all the stories—in the news and from friends—about recent graduates who can’t find work, you might well imagine that my husband and I are thrilled. And we are. Sort of.

Emma’s job is a good one, and she is lucky to have it. She is an editorial assistant at a well-respected magazine. But it is the kind of job that countless millennials are landing these days: part-time, low paying, with no benefits.

So, after we spent nearly a quarter of a million dollars on her college education, one thing has become clear: Our investment in our daughter’s future is far from over.

We are hardly alone: Across America, 25 is the new 21. [Read more] – Michael’s Blog