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Conversely, children from wealthier backgrounds escape these responsibilities, further allowing them to invest in their futures rather than being mired in caretaking and financial support.
The High Cost of Childcare
Childcare expenses ballooning into unsustainable territory only magnifies these disparities. Affordable childcare is increasingly out of reach, leaving many families, especially lower-income ones, to seek alternatives that are either too expensive or impossible to sustain. Without the ability to lean on family due to their own financial struggles, the cycle continues.