26. Who was to blame? The boys? Yes; but the mother was even more to blame. She thought it was a shame to burden their young lives with “a sense of obligation”. She didn't want her sons to “start out under debt”. So she never dreamed of saying: “What a prince your stepfather is to help you through college!” Instead, she took the attitude: “Oh, that's the least he can do.”

25. Many hard-pressed millennials are falling back on their parents, as Scott Nicholson has. While he has no college debt (his grandparents paid all his tuition and board) many others do, and that helps force them back home.

24. In a recent study, she found that those who graduated from college during the severe early'80s recession earned up to 30 percent less in their first three years than new graduates who landed their first jobs in a strong economy. Even 15 years later, their annual pay was 8 to 10 percent less.

23. "They are definitely more risk-averse," said Lisa B. Kahn, an economist at the Yale School of Management," and more likely to fall behind. "

22. The outlook this time is not so clear. Starved for jobs at adequate pay, the millennials tend to seek refuge in college and in the military and to put off marriage and child-bearing. Those who are working often stay with the jobs they have rather than jump to better paying but less secure ones, as young people seeking advancement normally do. And they are increasingly willing to forgo raises, or to settle for small ones.

21. Military service in World War Il , along with the G. I. Bill and a booming economy, restored well-being; by the 1970s, when Mr. Elder did his retrospective study, the hardships of the Depression were more a memory than an open sore. "They came out of the war with purpose in their lives, and by age 40 most of them were doing well, " he said, speaking of his study in a recent interview.

20. The Great Depression damaged the self-confidence of the young, and that is beginning to happen now, according to pollsters, sociologists and economists. Young men in particular lost a sense of direction, Glen H. Elder Jr. , a sociologist at the University of North Carolina, found in his study, " Children of the Great Depression. " In some cases they were forced into work they did not want —the issue for Scott Nicholson.

19. Scott Nicholson also has connections, of course, but no one in his network of family and friends has been able to steer him into marketing or finance or management training or any career-oriented opening at a big corporation, his goal. The jobs are simply not there.

18. While Scott has tried to make that happen, he has come under pressure from his parents to compromise: to take , if not the Hanover job, then one like it. " I am beginning to realize that refusal is going to have repercussions, " he said. " My parents are subtly pointing out that beyond room and board, they are also paying other expenses for me, like my cellphone charges and the premiums on a life insurance policy. "

17. From these accidental starts, careers unfolded and lasted. David Nicholson, now the general manager of a company that makes tools, is still in manufacturing. William Nicholson spent the next 48 years, until his retirement, as a stock broker. "Scott hot to find somebody who knows someone, " the grandfather said, "someone who can get him to the head of the line. "

16. So far, Scott Nicholson is a stranger to the triumphal stories that his father and grandfather tell of their working lives. They said it was connections more than perseverance that got them started —the father in 1976 when a friend who had just opened a factory hired him, and the grandfather in 1946 through an Army buddy whose father-in-law owned a brokerage firm in nearby Worcester and needed another stock broker.