How Does Single Motherhood Affect Wealth? An Expert Lays Down the Facts

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For single moms, economic mobility is an uphill battle. Employers hesitate to hire ‘em, child care costs are through the roof, and saving is damn near impossible – I mean it is tough!  Single moms, compared to married mothers, are more likely to kiss their dreams of prosperity and wealth goodbye.

“Married mothers earned a median family income of $80,000 in 2011, almost four times more than families led by a single mom,” according to an op-ed piece entitled  The Mysterious and Alarming Rise of Single Parenthood in America.   Yikes!

Aparna Mathur, co-author of the op-ed piece and resident scholar of the […]