'Childcare Entrepreneur Explains Why Preschool Is So Expensive'

 

Parents are stumping up thousands of dollars a year for childcare, but preschool workers say they're underpaid and the industry has struggled to expand.

Some 58% of working parents with children five years old and younger — about 6.38 million parents in the US — rely on childcare, according to a survey by the National Household Education. And the cost for preschool is becoming a growing problem for families — one that has gained more urgency in the aftermath of the Covid-19 pandemic. President Joe Biden has made more affordable childcare an administrative priority, announcing a series of measures last month aimed at increasing access to high-quality childcare and boosting wages for early educators.

https://www.bloomberg.com/news/articles/2023-11-06/why-preschool-is-so-expensive-a-childcare-executive-explains-the-economics