Little one care: the opposite mortgage fee nobody warns you about.
Reply: $11,582 per yr
Questions:
- How would possibly a excessive value of kid care have an effect on a household’s resolution about having youngsters or what number of to have?
- Do all households really feel the burden of kid care prices equally? Why or why not?
- How would possibly little one care bills affect somebody’s profession selections or work hours?
Listed below are the ready-to-go slides for this Query of the Day you need to use in your classroom.
Behind the numbers (CNN):
The report additionally exhibits that little one care continues to be a serious monetary burden for a lot of dad and mom, although it has stabilized considerably for the reason that Covid-19 pandemic upended the trade in 2020, forcing many suppliers to shut their doorways or jack up their costs to retain their staff and keep a protected atmosphere.
Nationwide, the typical annual value of care rose to $11,582 per little one final yr, up 3.7% from the prior yr. It was the smallest annual enhance for the reason that pandemic started and trailed inflation.
About
the Creator
Dave Martin
Dave joins NGPF with 15 years of instructing expertise in math and pc science. After becoming a member of the New York Metropolis Instructing Fellows program and incomes a Grasp’s diploma in Schooling from Tempo College, his instructing profession has taken him to New York, New Jersey and a summer time within the north of Ghana. Dave firmly believes that monetary literacy is significant to creating well-rounded college students which can be ready for a posh and extremely aggressive world. Throughout what free time two younger daughters will enable, Dave enjoys video video games, Dungeons & Dragons, cooking, gardening, and taking naps.
