- 4.5 million children under the age of 18 are being raised in households headed by grandparents.
- About 15% of grandparents provide some level of child care for their grandchildren - up from 8% in 1998.
- About half the grandparents help pay for their grandchildren's education, while 45% say they assist with living expenses.
- Almost 70% of surveyed grandparents responding to an AARP survey reported that they see their grandchildren at least once every week or two, and one-quarter spend time with them at least once every few months.
- The average grandparent spends about $500 a year on their grandchildren, but two out of five spend between $500 and $2,500.
Whether it's "grandma," "granny," "nana," "bubbe," "abuela," or "gramps," "pop-pop," or "g-pa," a grandparent can make a real difference in a child's life. In all ethnicities, cultures, and walks of life, grandparents are the link to a family's culture, history, and traditions. Children fortunate enough to have loving grandparents in their lives have a powerful emotional bond to nurture and sustain them.