A record $24 billion in pandemic investments was helping prop up the nation’s child-care industry. Now, as that money runs out, parents and day-care centers are bracing for disruption.
car loans and credit cards. And although overall price growth is stabilizing, child-care costs have risen faster than inflation for five straight months. Experts say day-care fees, which are already among the highest in the world, are expected to rise evenPoliticians on both sides have stressed the need for more affordable and accessible childcare, but serious obstacles remain.
“This extra money, it was helping us stay on our feet,” said Cynthia Davis, 53, who has a master’s in early-childhood education and runs a 24-hour child-care center in Northwest Washington, D.C. “But now we’re back in the same ditch we were in before. I can’t even afford to pay myself a minimum wage.”The closure of a single facility can have large ripple effects, especially in areas with few child-care options.
Ashton Nelson, a mother of four in Calvert County, Md., is dealing with the fallout of her children’s day care closing last week. She quickly found a preschool for her 4-year-old daughter. But her son, 20 months, has been at home all week, while Nelson pieces together help from grandparents, siblings and friends so she and her fiancé can go to work.Day-care wait lists are years long, in part because so many area centers have recently closed, she said. A nanny would be too expensive.
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