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Catelynn Lowell, Tyler Baltierra: Inside Our Life After Teen Mom

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Tyler and Catelynn

Teen Mom's Catelynn Lowell and Tyler Baltierra aren't expecting a second child — they're just plain too busy to become parents right now.

Although the new cover of In Touch magazine claims the couple — who placed daughter Carly, 3, for adoption at the time of her 2009 birth — were expecting, Lowell confirmed exclusively to Us Weekly that the story was absolutely false.

Related: VIDEO: Catelynn tells Us about her

"Don't believe everything you read, I'm definitely not pregnant!" she told Us Wednesday. "I'm on the pill. And, I'm only 20 — I don't want to have kids until I'm out of school and we're married."

Both currently enrolled in college, freshman Lowell and sophomore Baltierra tell Us they've got degrees — not diapers — on their mind for the immediate future. "I am going to be a pregnancy counselor and Tyler wants to help at-risk youth and counsel at juvenile detention center," Lowell says of their post-graduate plans.

Also on the horizon for the couple: Planning their July 13, 2013 wedding, taking place at Canterbury Village in Lake Orion, Mich.

"I wanted something different and unique," Baltierra explains of their venue, which features a historic chapel on the 21-acre grounds of Michigan's old Scripps Farm. "Canterbury Village is really a majestic, elegant place."

Related: PHOTOS: Memorable A-list weddings

The couple is hoping that their daughter Carly — who just became a big sister when her adoptive parents Brandon and Teresa welcomed a baby boy — will be in attendance for their big day.

"It would mean the world to me if Carly was at our wedding, because if it wasn't for her, I don't think we would be this far in our relationship and probably wouldn't be getting married," Baltierra admits. "She totally solidified our whole relationship."

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