Contrary to popular impression, the absolute level of teenage childbearing in the United States has not risen during the past decade, but has actually declined. Moreover, the newly discovered epidemic of adolescent pregnancy is not recent; elevated levels of teenage childbearing can be traced to the beginning of the baby boom after the Second World War. Nevertheless, the issue does seem more pressing now than ever before. In this chapter we shall touch on some of the reasons for this issue\u27s prominence. We shall look at the evidence in the literature on the social consequences of teenage childbearing for adolescent parents, their offspring, and members of their family of origin. After assessing this evidence, we shall briefly mention some of the policy initiatives open for us for preventing premature childbearing and for ameliorating its deleterious effects when it does occur