The Brookings Institution has garnered media attention with its estimate that it now costs more than $300,000 to educate a child through high school, an estimate first shared with our news colleagues in the Journal. Others take the number as if it were a shock. We don’t dispute the number, but that’s not the way to look at it.
No doubt it takes money to feed, clothe, and educate a family these days, and inflation isn’t helping. But children are not just cost centres. Even ignoring human affection and utility, children are an asset—to the families who raise them, to the nation in which they are born, and to the world to which they will contribute throughout their lives.
https://www.wsj.com/articles/children-are-priceless-brookings-institution-cost-of-raising-a-child-11660943743 Children Are Priceless – WSJ