The Economic Policy Institute reports that in 38 states and Washington, D.C., the cost of child care surpasses college tuition. This rise, noted since the pandemic, shows a trend affecting working families, particularly low-wage earners. A state-by-state guide indicates costs range significantly, with New Mexico's infant care costs exceeding annual rental prices in some areas. EPI calls for federal and state actions to make child care affordable, emphasizing that the current situation results from policy choices rather than economic inevitability.
The escalating cost of child care has now exceeded college tuition in 38 states and D.C., showing a troubling trend for working families.
According to EPI, child care costs are becoming a significant burden, especially for low-wage workers who find it increasingly difficult to afford quality care.
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