The marginal cost per child has increased dramatically. In developing economies an additional child can sometimes be an asset as they are free labor for a family farm or business.
In a developed economy(specifically the USA) the cost per child is primarily driven by educational expenses. College education and also private high school and elementary education.
Despite what people say it much more difficult to be successful without a college education. The options for obtaining a college education without your parents money and without student loans are slim. There are two possibilities; military academy/ ROTC program or athletic/academic scholarships. The ROTC military is the most likely one but not everyone is accepted. There are many medical disqualifying conditions such as ADHD ect.
So if you are a college graduate and you want your children to have the same life opportunities that you did, then there is a limit to how many children you can have based on your income and net worth.
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