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Aging America: Grandparents stepping in to help grandkids as families struggle in bad economy
WASHINGTON (AP) ' America is swiftly becoming a granny state.
Today's grandparents are shunning retirement homes and stepping in more than ever to raise grandchildren while young adults struggle in the poor economy.
According to new census figures, grandparents now make up 1 in 4 adults, and they're growing at twice the rate of the overall population.
They're sticking close to family, too, if their grandkids aren't already living with them.
Grandparents in recent decades have often filled in for absent parents who were ill or battled addiction, or were sent to prison.
The latest trend of grandparent involvement is now being driven by the economy and the graying population.