It’s a well-known fact that daycare is a financial drain on working parents; despite the often low pay of daycare workers, the cost of tuition and enrollment fees can easily run thousands of dollars a year. Now, new research from the Economic Policy Institute shows that in nearly half of the United States, full-time daycare is more expensive than tuition at in-state schools. The study, which we saw via Quartz, compared the state-by-state average cost of full-time daycare with the cost of tuition at a four-year public university. The results are eye-opening: In 23 states, daycare is more expensive than college. In Nevada, New York, and Florida, childcare costs double what in-state tuition does. According to EPI’s numbers, daycare in New York, the fourth most expensive in the United States, runs on average $14,144, roughly 107 percent more than in-state tuition; that amount is 21.2 percent of an average New York family’s income. In Florida, too, daycare takes a sizable portion of a family’s income, the average cost of $8,694 is 16.6 percent of a family’s income.
Jezebel
April 14, 2016
New research from the Economic Policy Institute supports what Maryland Family Network has known for a long time—making public investments in early childhood care and education not only helps families make ends meet but would also provide a major boost to the State’s economy.
WYPR
April 14, 2016
A study by the left-leaning Economic Policy Institute found that the lowest income workers receive the most irregular schedules, with unpredictability leading to increased stress.
Buzzfeed
April 14, 2016
The Economic Policy Institute just released a report detailing how a nationwide investment in child care could increase women’s participation in the workforce and help diminish the gender wage gap. It’s no panacea, but on this Equal Pay Day, an achievable policy goal is something to celebrate.
Slate
April 13, 2016
Specifically, they’re making the case that more investment in child care could help shrink the pay gap—with the added bonus of growing the economy. According to an analysis from the left-leaning Economic Policy Institute released earlier this month, access to affordable child care would help increase the participation of women in the labor force, thereby growing the economy by an estimated $210 billion each year.
Christian Science Monitor
April 13, 2016
It may be less expensive to send your kid to college than to day care, according to troubling new research. The Economic Policy Institute found in a recent study that Massachusetts ranks second in the nation for having the most expensive infant care. It also discovered that parents in the state pay $6,360, or 59.4 percent, more per year than what it costs for in-state tuition at a four-year public college.
Boston Magazine
April 13, 2016
So you did your research, filled out applications and survived the interview process. Congratulations! Your child is off to the best day care in town. (Yes, day care is now this involved. It certainly wasn’t like that when we were kids!) But with this accomplishment comes a seriously hefty price tag. The Economic Policy Institute recently released data about child care costs in the U.S. that found 33 states, plus Washington D.C., have day care facilities that charge more than college tuition for a four-year public school. That’s mind-blowing, especially for families with more than one kid.
St. Louis Post Dispatch
April 13, 2016
Childcare for infants in New Hampshire is the12th most expensive in the nation, according to a new report from a group calling for broad reform on childcare affordability across the country. According to the Economic Policy Institute, a D.C.-based think tank, the average cost for a year of infant care in New Hampshire is just under $12,000. Care for four-year-olds can average around $9,500.
New Hampshire Public Radio
April 13, 2016
Women make up half of the population—even if the pay gap were solely “our problem,” it would be a huge freaking problem. Or think about it this way: If women were paid fairly for their work, essentially half of the country would get a raise. “When we’re talking about unequal pay for women we’re talking about half the population,” Valerie Wilson, a director at the Economic Policy Institute, told The Huffington Post on Tuesday. “Certainly if you raise pay for half the population, that’s clearly going to have an impact on the American economy.”
The Huffington Post
April 13, 2016
Still, the pay bump may draw some heat from those who criticize astronomical pay for chief executives. The CEOs of the top 350 public-traded companies earn more than 300 times what average workers do, according to a study released last year by the liberal-leaning Economic Policy Institute.
The Huffington Post
April 13, 2016