Should universities share student transcripts with parents?

When kids go off to college, parents are still responsible for the tuition fees. Do they have a right to know how well their money is being spent? Should parents be notified of grades and transcripts of their children by the university? Or should the young adults’ preference take precedence over that of parents’? / Is it OK to recline your seat on a plane (15:36)? On the show: Heyang, Ding Heng & Steve Hatherly.