Saturday - June 13, 2026
Manhattan Institute Issues Commentary to Bloomberg Opinion: Don't Rely on the Bank of Mom and Dad
June 13, 2026
NEW YORK, June 13 -- The Manhattan Institute issued the following excerpts of a commentary on June 12, 2026, by senior fellow Allison Schrager to Bloomberg Opinion:

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Don't Rely on the Bank of Mom and Dad

In today's America, one of the rites of passage that marks the transition to full adulthood is paying your own phone bill. By this standard, many people -- even those well into middle age -- are stuck in an extended adolescence.

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