Business Daily

Counting the cost of childcare in the US

12 snips
May 4, 2025
Elliot Haspel, a senior fellow at the Family Policy Lab, dives into the skyrocketing childcare costs in the U.S. He shares insights on how these expenses can surpass rent, leaving families in dire straits. The conversation highlights the struggles of parents, particularly a mother of triplets, as they navigate financial burdens and low government support. Haspel also discusses the hardships faced by early childhood educators and compares the U.S. system with more supportive models in countries like Germany and Canada.
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ANECDOTE

A Mother's Triple Challenge

  • Allison Harrison juggles feeding and caring for her one-year-old triplets while managing a household of five.
  • She had to return to work quickly due to lack of paid leave and the high cost of childcare and health coverage.
ANECDOTE

Hybrid Work and High Daycare Costs

  • Sydney Gleckler used hybrid work and family support to delay daycare for her infant twins.
  • Full daycare would cost around $4,000 a month, a large portion of their income.
ANECDOTE

Childcare Worker Burnout Story

  • Lucy Lee, an early childhood educator, faces burnout and low pay despite her passion and advanced qualifications.
  • She contemplates leaving for less stressful and better-paying careers due to financial strain.
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