15-Year-Old Daughter Having Sex with 20-Year-Old Man

My youngest daughter just turned 15 today. While having lunch with my older daughter, who is 23 and living outside of our home, she told us that our 15 year-old had confessed to her that she lost her virginity to a 20 year-old man who often goes to a library activity that she attends each Thursday.

Her dad and I have not liked the library situation for a long time, but have continued to allow her to go (with an attempt to monitor her by having 1 of us there most of the time for the 3 hours that she's there) because older kids hang out around there plus there have been fights and other things that we have not liked. The reason we've continued to allow her to go is because she seems to love it so much. She's homeschooled, so she doesn't think she gets enough socialization and has gone out of her way to "fit in" with the other kids/young adults by giving up a lot of the stuff that she used to love, but will do just about anything to go each Thursday.

Obviously, we want her to be happy, but, especially with this latest revelation from our older daughter, it's time for us to take some kind of action. What would you advise about this? Our older daughter swore us to secrecy and I want her to have a friend to talk to (who better than a sister?), but we need to protect her from these older kids who are bad influences. This guy that she was with before contacted her on Facebook today, saying he wants her back.

She has violent mood swings, which makes her difficult to deal with and I want to handle things properly so that she doesn't hurt herself or run away or anything. This girl is so smart and so capable and has so much potential and we love her dearly. My older daughter offered to take her to Planned Parenthood for birth control pills, but that certainly doesn't take care of diseases or our other concerns plus I'm not sure how I could pretend that I didn't know about the birth control if she leaves it out like she does just about everything else. How should I react in such a situation or should I take her myself? She's already talked about taking the pills for clearing her complexion, so what would be better?

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