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This research aims to examine structural relationships of key factors on life satisfaction of college freshmen in Korea. In a Confucian society, Korean freshmen are affected by their parents in leading a satisfying life in college. Results indicate that parenting style is significantly associated with children’s life satisfaction in a transition from late adolescence to early adulthood. Specifically, it is very essential for Korean parents to maintain autonomy supportive style in communication with their adult children. The autonomy supportive parenting has a direct and indirect effect on an increased satisfaction of life mediating children’s peer relationship. A key implication of this research is that Korean parents need to adjust their control for adult children to have higher level of life satisfaction.