I am not sure where you live but the parents I know love their children. It's getting harder and harder to raise them the old fashioned way for many reasons. Government intrusion is the biggest reason. Also, economically it's getting harder. Think of the prospect of having to come with $100k for your child's college education. It forces people to sacrifice time and attention knowing they are going to have save that much just to get them into a decent college.
Society today has been corrupted by the pursuit of money from all angles. Everybody wants your money. It's no longer a question of saving for the future. It's make a ton of money now, spend it so you can keep the economy going and don't worry about the future.
I agree that most parents love their children, but I also see a great number of parents who are simply in love with the idea of being thought of as parents for social reasons. The number of "professionals" who I see who are not willing to give up or put on hold a career and then worry about their child being on some waiting list for a "decent" school and finding a good nanny is simply appalling. Do you call this obsessive willingness to hand over child-raising responsibility to others love? I truly believe that is what these parents believe.
Economics is sometimes used as an excuse. Kids don't have to go to college. That's part of the "big lie" of "expensive children," that "every child has to go to college to be successful."
Or, they don't have to go to a four-year college and live away from home. They can take college-credit courses while they're still in high school (for free in some states or reduced-rate in others.) They can go to a community college for two years, and work at the same time. They can finish off at a four-year university and still live at home.
Too many kids are too pressured to live up to some social-prestige ideal. They're even told not to get jobs in high school because it might "take time away from school."