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Some even have their parents in the room for added help, and many respected companies are willing to engage parents in the hiring process if that's what the candidate wants

(!!!)

Wow. Depending on the circumstances, I would escort the iddle bitty baby right to the front door, or...

Explain that nepotism is absolutely forbidden.

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Welcome to the world of helicopter parents.

http://en.wikipedia.org/wiki/Helicopter_parents

http://www.usatoday.com/money/economy/employment/2007-04-23-...

Exactly. Man I wish I had rich parents, even helping out $10k a year or so could go a long way when you're fresh out of school and expenses are still low.

An ex of mine got something like $25k cash for her college graduation present. Assuming she earned 10% or so on that for the next 40 years, she was already guaranteed to be a millionaire by retirement. Anything she did on her own was gravy.

While getting a $25000 college graduation present would be fantastic (although I bet she just bought a car), your projection is a bit optimistic. While yes, she would have a million dollars, that million dollars would only be worth $295712 after accounting for inflation (at a constant 3% yearly.) Still great, but she's not exactly ready for retirement.

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