There are parents in households earning up to six-figures who cannot afford childcare. Sounds ridiculous but in some areas of the country, the cost of “quality” child-care is almost cost-prohibitive for some women to work. The salary they bring in sometimes goes all towards childcare expenses and some women have opted to simply forgo it to stay home.
That was the focus of a New York Times piece this week which included discussion of a study of middle-class parents. It found that in 35 states and DC, center-based day care is higher than a year at a public college. In NY, middle class families pay $25,000-$30,000 per child and is the most expensive cost among low-income families, more than food and clothing.
Read more about the ongoing dilemma in many families today at The New York Times.