Is Parenthood Becoming a Luxury? Why Having Children Feels Harder for Young Americans
Is Parenthood Becoming a Luxury? Why Having Children Feels Harder for Young Americans Quick Answer Young Americans are forming families later, and financial concerns are one important reason some people expect to remain childless. Childcare can consume a substantial share of family income before housing, food, health care, and education are even considered. Concerns about the state of the world and climate change also influence some people's decisions about parenthood. Later marriage, career establishment, housing decisions, and partnership formation can push family formation into older reproductive ages. Egg freezing and assisted reproduction can expand options, but they involve cost, uncertainty, and no guarantee of a future birth. The traditional picture of American adulthood once seemed fairly linear: finish school, find stable work, marry, buy a home, and have children. For many younger adults, those milestones now arrive later, in a...