MGT reposted this
Transforming Education Through Data | VP & Demographer | Expert in Community Research, Student Forecasting, and District Planning at MGT ( formerly Davis Demographics)
Growing up, my dad had a peculiar tradition: every year, he'd pull out the latest Wall Street Journal report on the 'Total Cost of Raising a Child' and solemnly present it. It was like a grim reminder of the financial burden my brother and I was placing on him! 🤣 Fast forward to today, and the reality is even more daunting. According to the MIT Living Wage Calculator, the annual cost of raising a child in the US varies wildly, with Massachusetts topping the list at a staggering $35,841. The Calculator: https://lnkd.in/gcjdp35h Childcare? Forget about it. Housing? Forget about it. Food? Forget about it. This data underscores the urgent need for policies that support families, from affordable childcare and paid parental leave to more equitable housing options. #parenthood #familyfinance #costofliving #childcare #housing #food #livingwage #mit #usadata #wallstreetjournal #dadjokes"
