Childcare Costs are a Massive Burden for Families
July 8, 2013 by Norbert Haupt
Based on a recent article at KTVZ.com in Oregon, childcare costs have risen dramatically and income has come down. According to a report from Oregon State University, Oregon has one of the highest childcare costs in the nation, with only two other states charging more.
The average annual cost of toddler care at a child care center in Oregon is now $11,064, up from $10,392 in 2011. Those costs increased 13 percent from 2004 to 2012 while household incomes declined 9 percent.
For many families in today’s American society, their childcare bill can be larger than their mortgage. Childcare is often more expensive than college on a monthly basis.
I feel fortunate that my children are grown and through college already. If I started again today, the burden of the cost of prenatal care and birth would seem miniscule compared to the cost of raising a child – and paying for childcare.
It does not look like this trend is going to reverse, resulting in tough choices for young couples just getting started.
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Childcare Costs are a Massive Burden for Families
July 8, 2013 by Norbert Haupt
Based on a recent article at KTVZ.com in Oregon, childcare costs have risen dramatically and income has come down. According to a report from Oregon State University, Oregon has one of the highest childcare costs in the nation, with only two other states charging more.
The average annual cost of toddler care at a child care center in Oregon is now $11,064, up from $10,392 in 2011. Those costs increased 13 percent from 2004 to 2012 while household incomes declined 9 percent.
For many families in today’s American society, their childcare bill can be larger than their mortgage. Childcare is often more expensive than college on a monthly basis.
I feel fortunate that my children are grown and through college already. If I started again today, the burden of the cost of prenatal care and birth would seem miniscule compared to the cost of raising a child – and paying for childcare.
It does not look like this trend is going to reverse, resulting in tough choices for young couples just getting started.
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