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Has Child Care been brought up? Child care is crazy expensive, that unless you have a decent-paying job, it can be easier or even cheaper for the wife to become a stay-at-home mom for several years. Dropping out of the job market for years will stop progress in building your career and lower your pay substantially if/when you return to the workforce. There are also crazy welfare cliffs for single moms. If you are making less than 70K, it makes more sense to work a job that pays less than 30K than it does something between 30-70K. Single moms under 30K are likely to qualify for EITC, CCAP, Food Stamps, LEAP, Housing assistance, TANF, Medicaid and other benefits that are worth more than 40K/year in addition to the <30K earned. Not many people can jump from a job that pays 25K to one that pays >70K even with the addition of a college degree, so they often hit a brick wall in their career until the child(ren) are 18+ and non-dependant. I feel that the income restrictions from these benefits needs to be higher, and the benefits themselves gradually going to 0 rather than binary so that single moms actually have incentive to move up in their career instead of being punished for it.
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Feb 3, 2016 11:59
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| # ¿ May 22, 2024 13:00 |
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