parentariat
 n.— «At least five common factors seem to be driving the rise of the parentariat and its new centrality. Demographically, they are the best-educated generation of parents we have ever had. As a correlation, they are also the most independent.» —“The Rise of the ‘Parentariat’” by Irving H. Buchen (Education Week) Oct. 6, 2004. (source: Double-Tongued Dictionary)

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