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by myrmidon 23 days ago
Yes, but not commensurately.

A child might cost its parents somewhere beyond $200k, the parents only get a tiny fraction of this from the state.

And the public paying for education is not a subsidy for parents in my view, but an investment into the children, i.e. future taxpayers (=> the parents don't really gain from that).

2 comments

I think you are arguing inconsistently here. You can't claim at the same time that we should recognize all of the benefits of children (in their adulthood) and at the same time not recognize the cost to society to educate them. It's a subsidy, a wise subsidy and money well spent, but it's still a cost.
My point is: Society itself recoups the investment into education very easily (from competent taxpaying workers some years later), but the main cost of raising children is paid by parents, and they don't get back anything (economically).

All the benefits that used to be there (adolescents helping with farm/work, children taking care of aging parents) became more and more irrelevant, but general costs of raising children (to parents) have not decreased at all (and "reputational" cost of just skipping parenthood is at rock bottom, too, so that is no longer pushing prospective parents towards economically irrational decisions, either).

> A child might cost its parents somewhere beyond $200k, the parents only get a tiny fraction of this from the state.

Yet another reason for others not to chip in your bad ROI decisions then