My daughter mentioned a CNN report that quoted childcare costs as the same as college tuition. It sounded alarming to her. As a young professional, she was beginning to calculate the costs of raising a family. Putting her child through college, as a 6-week-old, sounded daunting.
Childcare is also getting attention on the Presidential campaign trails, as candidates hope to appeal to the 70% of mothers in the workforce, 40% who are primary wage earners. Both candidates intend to make childcare more affordable. With childcare on each candidate’s agenda, do we know what we are getting for our money? And, is the cost comparison between childcare and college fair?
As reported, the national average costs for college and childcare are similar, each a little over 9K. And, childcare and college education do share a few other commonalities: Continue Reading