February 1st, 2013
Austin Ruse has an incredibly thoughtful piece about demographics and What to Expect over at Crisis. My favorite graph:
We had our first child seven years ago and my wife left full time employment. I estimate her missed wages in those seven years to be roughly half a million dollars. There’s less coming in and plenty going out. The cost of our daughters’ grade school — we now have two little takers — comes in at $12,000 per year, almost ten times what I spent for yearly college tuition.
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I’m getting excited about the book and plan to order it soon (it will be a birthday treat — I’m 44 on the 25th).
So is Ruse saying that he spent $1,200 a year on college? Where the heck did he go to school for a B.A.? His piece is intersting because my wife also left the workplace when we had our two daughters and after about ten years I would guess her “missed wages” somwhere around $750K+ But unlike Ruse, we send our girls to public school, so we are all in once the property tax bill is paid.
Anyway, good stuff. I expect to read about you going on Catholic radio again soon. I’m sure “A Closer Look” will want to have you back. And maybe WLS-AM in the morning, now hosted by Bruce and Dan, will do a segment with you. I hope your PR people are talking to the right folks here in Chicago…
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I went to a California State University back in the early 90s and recall tuition being much less than $1000 per semester. Now we pay nearly the same amount to get all day kindergarten for our daughter in Portland, Oregon. Inflation, obviously, but still: college versus kindergarten.
James O'Gara February 2, 2013 at 6:58 pm
Great piece. Oh right, Austin Ruse is always great.