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Open Forum : The Cost Of Raising Children

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A child born in 2013 will cost a middle-income American family an average of $245,340. That’s some serious sticker shock, from a report out by the United States Department of Agriculture released this week. Of course there are inherent joys in having children. But are they becoming prohibitively expensive?

We have an expert in childrearing in the studio with us today—our very own newsman, Ray Graf, who can help shed light on this somewhat alarming statistic. With five kids at home, he has some valuable perspective.

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