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Grandparents Raise Millions, Saving Foster Care System
19 Dec
Summary
- Grandparents raising grandchildren save taxpayers $10.5 billion annually.
- Nearly 50,000 in New Jersey are stepping up to raise children.
- A Newark initiative supports grandparents with financial and mental health needs.
In Newark, a new initiative is highlighting the profound commitment of grandparents raising grandchildren, a role often necessitated by family tragedy or parental absence. These caregivers provide stable homes, ensuring children remain with family despite difficult circumstances.
Nationally, 2.5 million grandparents or relatives are raising children. In New Jersey, this number reaches nearly 50,000, a commitment that saves taxpayers an estimated $10.5 billion by preventing children from entering foster care.
Organizations like Rutgers University and CareSpark are teaming up to offer these grandparents essential support, including financial aid, mental health services, and holiday assistance, recognizing the importance of caregiver self-care.
