Infertility treatment is burying families in debt as they choose to have children later in life. investinyou (In partnership with acorns.)
Cynthia and Alex are parents to a 6-year-old son, Jake. "It was a dream come true," Alex said, of becoming a dad.
Cynthia then left her job to become a stay at home mom. Of course, they'd like another child. Although Cynthia went back to work as a part-time teacher, she is no longer covered for fertility treatments and Alex's job doesn't provide such coverage, either. "We do have very good dental, very good medical and prescription plans, but that's the one coverage we don't have."They've since racked up more than $24,000 in debt over the past year paying for treatments out of pocket, which is split between a credit card and a home equity loan. "That's where it gets challenging, because of the huge amount of debt," Cynthia said.
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