Some very interesting numbers here:
Million Dollar Babies - TIME
Specifically:
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the average annual price for an infant in a child care center is greater than a year's tuition at a public college
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Is this true across 43 states as claimed? I had hoped that other states were a little more affordable.... but maybe not?
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According to its latest estimate, a child born in 2007 costs $204,060 to watch over, feed, cart around, educate and house from birth to the age of 18. This amounts to a ten-fold increase in less than 50 years. According to the USDA, child-rearing costs have soared since the department began its annual study in 1960, when raising a kid cost a mere $25,229.
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What do you think of this?