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And thanks for listening. Welcome to the H-B, I'm Sarah Green. I'm talking today with Stu

Friedman of the Wharton School. His most recent book is Baby Bust, new choices

for men and women in Work and Family.

Stu, thanks for coming back on the program.

Thanks for having me, Sarah. It's great to be here.

So I'd like to start with the phenomenon that you have termed the baby bust. You surveyed

graduating college seniors in 1992 and 2012 and in the class of 1992

78% said that they did plan to have children.

But by 2012, only 42% said they plan to have children.

And these percentages were actually

nearly the same for men and women.

So what's driving this big change?

Yeah, it was quite surprising to see this result when we compared responses given to our study

at the Work Life Integration Project Award in 1992. So we surveyed them

22 years ago now and then a generation later in 2012. So it's a true cross-generational

study. A lot of the research on millennials now comparing them to

Gen Xers compares people who are in their 40s to people in their 20s and tries to draw inferences

about generational differences when that doesn't really tell you much because

...