The cost of a child. Unearned social security credits In her book The Price of Mother hood, Ann Crittenden claims the total cost for a college-educated couple ot have a child is $1 million over the child’s lifetime. The items below are the costs of a college educated women who has a child. Classify them as implicit or explicit: Unearned social security credits Forgone promotions Salary while not working Expenses for baby’s room Loss of experience at work Depreciation of work skills Food, clothing, and diapers for the child Loss of pension benefits Awards given for excellence in your paid job Babysitting fees Preschool expenses Loss of matching employer contributions to retirement account Medical expenses Lost training opportunities at work.