Right now, eager 20-somethings are graduating college and diving into “the real world,” but not all of them have careers lined up. For many students in these uncertain economic times, graduation leads to an awkward transition period that often involves moving back home with their parents.

That can really take out the glitz and glamor of a promising career for the students, but it also gets parents wondering about ways they can help after investing thousands of dollars into their children’s college education.

Peter Gudmundsson of Preston Hollow has a few tips in his forthcoming book, “Not Done Yet: The College Career Transition Guide for Parents.” He and his wife Kathy started Career Foundations Academy to help young people ages 19-26 navigate the transition from college to career. The program aims to build confidence and connections for recent college grads through special curriculum and coaching.

Peter is also the CEO of the Dropout and Truancy Prevention Network that keeps high school students on track to graduate. He is the former CEO of Jobs.com.

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