Daycare Costs More Than College

Does day care cost more than college tuition? In more than half the country, the answer is yes.

 

New research shows that in 36 states, it costs more to send your child to day care than to send your child to college. According to the study, "the average annual costs for [daycare center]-based care for an infant was higher than a year’s tuition and related fees at a four-year public college.”

 

Throughout the country, the average costs of supervising the 11 million American children in daycare increased in 2010. The National Association of Child Care Resource & Referral Agencies also found that daycare center-based child care costs “exceeded annual median rent payments in 24 states.”

 

“Child care is essential to working families and working families are key to economic growth,” Linda K. Smith, the organization’s executive director, said in a press release accompanying the study. “But child care today is simply unaffordable for most families.”

 

What do you think? Is the cost of day care way too high, or do you pay a premium for quality child care?

KellyMomof2
09.07.11

We have 2 in daycare 5 days a week. We pay about $2000.00 a month. It does include breakfast, lunch and a snack. Plus they have cameras in every room and play area (inside and out) so we can check on them throughout the day. I hate to pay it, but it is the best option for our family.

gincase
09.06.11

When our daughter started daycare, the only spit available (and we were on several different waitlists) charged $1700 a month. I had to provide all her food, including snacks. And, that was te toddler room. The infant room was much more. We made a joke that we could have rented a vacant apartment for her with the money instead. Today, the place is full and has a wait list.

We are in preschool/daycare and pay nearly $700 a month, which includes all her meals and snacks.