Should young parents continue study while taking care of little ones?

I think studying is a great option. The hours are more flexible as compared to when your are working. You will probably have more time to spend with your children (apart from when preparing for thesis or exam periods). But one thing that is important would be having good time management. I have some friends who found it a struggle as they did not have enough time to complete their readings as they have parent duties to fulfill. That said, they are happy with having more time for their family and the fact that they need not worry about work responsibilities (just their grades).