Just as I posted something about the cost of education and how it has been increasingly difficult for parents to provide quality education in hopes of a securing a better future. And the quality of that future has even become uncertain given the financial crisis.
Ben Stein has an interesting article on CNN assessing the net value of children from the cost of rearing them to sending them to school.
The piece explores the reasons for having children over the years. Like it or not, there was a time when having kids meant cheap labor. Today, parents can’t even expect children to help out with mortgage payments or take care of them when they retire.
Maybe the reason is largely because raising modern children is such a major pain in the neck. For one thing, thanks to a variety of factors, often parents have to struggle like galley slaves to get their offspring into private schools and pay for them.
Quite a lot of truth in that.
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