Breaking the Piggy Bank: Parents and the High Price of Child Care

Posted on March 2, 2006

Newsflash is it isn't—many families know this too well—but a new national survey finds that child care is expensive. In fact, in 49 states, child care fees for two kids of any age exceed the median cost of rent. Low-wage families with very young children are especially hard hit. The report calls for more federal, state, and local investment in high-quality child care. (The 2006 federal budget has been criticized for failing to provide adequate child care funds for all low-wage workers.)