Approximately 43 percent of US children are born to parents who had their first child when they were younger than 25. These young parents often face greater economic challenges, because half of them live in low-income households. To advance their career prospects and improve their family’s economic security, many young parents work while also pursuing education. But balancing all those responsibilities is challenging, and parents may need additional support to succeed. This fact sheet includes key facts for understanding young parents balancing work and education as well as recommendations for how policymakers and education programs can support them.