Have Middle-Class Women Been Priced Out Of Having Kids?

Wednesday, September 5, 2012
Compared to many, Carrie Dottellis and her husband are well-off. The 36-year-old is a self-employed bookkeeper and business manager with seven clients, including a yoga studio and a law firm. Her 26-year-old husband, Ryan Palmer, bartends at a popular restaurant in Washington, D.C., where they live in an affluent neighborhood, The Palisades. Together they clear $100,000 annually, which makes them at least middle class -- an August Pew Research Center report defined middle-income households as those with three residents and earnings between $39,000 and $118,000 annually.

But that $100,000-plus never has a chance to accumulate in the couple's bank account. They spend $1,800 per month, plus utilities, to rent an 800-square-foot duplex. Dottellis has $30,000 in undergraduate loans to pay off; her husband has $120,000, plus the cost of the online classes he's taking to become a teacher, which they are covering in cash. Combined, they have nearly $15,000 in credit card debt.
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