Here’s how to save on food, toys, clothing and child care
WASHINGTON - Kevin Costner just had his seventh child. Oh well, he can afford it. According to a recently released Department of Agriculture report, it now costs as much as $475,680 to raise a child to age 18.
That doesn't count college. Financial aid expert Mark Kantrowitz of FinAid.org estimates that parents will need an additional $127,683 (in 2009 dollars) to send a child born today to a median-priced state university when he is 18. Add to that a few travel team tournaments, the post-college boomerang kids, and that whole keep-them-on-your-health-insurance-until-they-are-26 plan, and it gives new meaning to the expression "million-dollar baby."
None of this, of course, is to suggest that people should not have children until they can afford them. If that were the case, nobody would ever have kids, except for Kevin Costner.
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9 comments:
It blows my mind all the kids that the minorities are having and the tax papyers aRE SUPPORTING ALL OF THEM.Half million per child and each minority woman has 3=4.
it is a sad commentary on how we live in this so-called free society.
The American Dream, how much of it can you afford?
I can beat that , I know of a girl living in Ca. with a free lawyer from here, your tax dollars
college professors act like their soo special,but wind up in their jobs because they cant survive the pressure in private sector lives.things that make you say hhmmm.they are way overpaid,just ask one at a bar.
I volunteer to have Kevin Costner's next child!
how do they pay for their Nissans and Cell Phones?
It all depends on whether you get an adjunct professor or not. Most adjunct professors are entrepenuars and have successful side businesses.
It's no wonder all the big cities are broke. It costs taxpayers a lot of money to raise all those fatherless kids.
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