Birth rate decline affects more than the economy.
Baby bust – or the decline in births – is having an economic and social impact on the United States. So far, the country has experienced a 0.12% decline from 2023, which is 12.009 births per 1,000 people. To ensure a stable population, it is estimated that women should have 2.1 children. As the older generation retires, there is concern about a lack of people to replace the workforce. Many worry about how fewer births will affect the nation, and one important area is education.
Baby Bust and Education
Public schools rely heavily on federal funding, which is determined by the number of students in the facilities. In 2009, enrollments peaked at 50.8 million, and the National Center for Education Statistics (NCES) predicted that number to drop to 47 million by 2030. Furthermore, 20…
