Do these tasks to set up for whatever the next step will be. Any young adult needs to know basics about budgeting, banking, mobile payments, and taxes. Also includes specialized tasks for those going to college and enlisting in the military.
Willard Dix offers an excellent discussion of FERPA, the Federal Education Rights and Privacy Act, which protects the privacy of students and parents. There are some worst-case-scenario situations, and recommendations.
Marshall Duke of Emory University has been offering excellent advice to parents for more than 25 years. Tip: view (or at least listen to) the entire lecture linked at the bottom of the page. I especially like his advice about college drop off.
A few highlights: have a peer relationship (rather than a consumer relationship) with your college; seize leadership roles; build social capital; open yourself to new ideas & people; get to know faculty. The last one is a biggie: having a mentor is the biggest predictor of college satisfaction.