Welcome to the new normal.
Given the current situation with student loan debt at all time highs, let's assume that going to college is the norm, and sticking around for graduate school is pretty common as well. If you have a kid at age 21, i.e. you are at about year 3 in an undergraduate program, it likely means someone got knocked up and this is generally not considered a good thing. Look at home sales, you generally buy a house when you have a family, and these are down as well.
Mr. Wise has a beautiful family, and I'm legitimately happy for him, but it is outside the current norm.