How Important Is It To Be A Stay At Home Mom

03.28.11 | Sarah Harnisch

Exactly how important is it for a mom-- to be a stay-at-home mom? There's study going on in Norway right now that could answer the question. Norway just passed a reform that increases paid and unpaid maternity leave for the first year of life. Financially, the study authors have found increased maternity leave for the first year had no significant impact on family income long-term. Socially, and even more important, they found kids who had more time with mom early on had lower high school dropout rates. Their rates of flunking out of high school were 2.7 percent lower.