Child care costs just hit a new high
MarketWatch: Child care costs are on the rise. Parents across the country spent $9,000 to $9,600 annually for one child’s day care last year, up roughly 7.5 percent on the year, according to a report on national average costs released by Child Care Aware of America. “No matter how you look at the statistics, child care is unaffordable for families across the country,” it said. The organization’s data showed that a married couple making the national median income ($87,757) will have to devote 10.6 percent of their money for child care, up from 10.2 percent the year before.
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