As this recession continues, it is understandable that more people might hesitate to expand their families. A baby born in 2006 — the latest year for which data are available — will cost middle-income parents $260,000 by the time the child reaches 17, according to the Agriculture Department. And that doesn’t include college.
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Why is it the Agriculture Department that comes up with this statistic? Regardless: damn.
Source: The New York Times
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