Some kids continue to be their parents' pride and joy for years after they've flown the nest. But the pleasure parents can experience from a grown child's success cuts both ways, new research suggests.
WEST LAFAYETTE, Ind. -- There's nothing subtle about a Purdue basketball practice. The players wear shorts with the words "PLAY HARD" stitched across the rear. A clock hanging above the tunnel that leads off the court of Mackey Arena sits above a sign that reads, "Time to Play Hard." I watched Purdue go through a grueling for three hours Monday -- much longer than most teams practice this time of year. The workout was a blur of collisions, bumps and elbows.
Question: I purchased a home last December and qualified for a $7,500 first-time homebuyer's tax credit that I must repay. But I now see that the stimulus package is offering an $8,000 first-time homebuyer credit for purchases from January 1 through November 30, 2009 that doesn't have to be repaid. Will I still have to pay back the $7,500 even though I bought my house just two weeks before the beginning of this year? This sort of timing would be just my luck. --Jeremy, West Lafayette, Indiana
WEST LAFAYETTE, Ind. -- Each time the drill began, four Purdue players spread across the bottom of the lane with locked hands, as if they were readying for a game of Red Rover. Any resemblance to playground games vanished, though, when an assistant coach threw the ball out to the perimeter. This part of Tuesday's practice was called "No-Man's Land," and the locked-handed crew would release and close out hard on their defensive assignments, beginning brief sessions of 4-on-4 that were a competitive extension of the classic shell drill.