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EPI’s updated fact sheets calculate the costs of child care in every state, showing that child care is unaffordable for working families across the country. This early care and education is crucial for children not only because it allows their parents to participate in the labor force, but also because it boosts their socialization, cognitive development, and school readiness. Child care is one of the largest expenses in a family’s budget partly due to early care and education requiring long operating hours for better access and a low student-to-teacher ratio for better quality.
Child care costs vary widely across the country, ranging from as low as $521 per month in Mississippi to as high as $1,893 per month in Washington, D.C., for a household with one 4-year-old child. This variation is even wider across counties and metro areas, as can be seen in our recently updated Family Budget Calculator.
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Child care is one of the largest expenses in a family’s budget partly due to early care and education requiring long operating hours for better access and a low student-to-teacher ratio for better quality.
They completely omit that it is artificially expensive, because of numerous regulations on providers that prohibit less expensive options that parents would prefer to have.
Somehow, all of these services used to exist and used to be affordable.
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does regulation intervene directly in the price or does it force certain standards that make the price higher?
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There aren't any direct price controls, that I'm aware of, but there are a bunch of mandated expenditures. Those obviously have to go into the price.
Basically, what got run out of existence are all the little old ladies who used to use their homes for daycare.
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21 sats \ 2 replies \ @Akg10s3 1h
My 3-year-old daughter just started attending the Cuna - kindergarten yesterday..
It is private and I am going to pay approximately 60 dollars a month.. I am in (Lima).. For me and my wife it is not so easy to pay them..
I need to ask if they would accept Sats..
The director seems like an intelligent person.. she must already know about Bitcoin..
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I'm not sure if 60$ in Lima is expensive, how much is the minimum wage in Peru? In Portugal you pay around 100 euros a month (900 euros minimum wage).
I need to ask if they would accept Sats..
THIS
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0 sats \ 0 replies \ @Akg10s3 1h
The minimum wage here is $300... or a little less... The difference is that my wife and I are independent sellers!
And it's not easy for us..
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