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Childcare cost: Day care expense rivals college cost, fuels social problems

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Stephen J. Carrera

(Read caption) Childcare cost now rivals college cost. Here, preschoolers in a day care program of the Educare Center, in Chicago, play in the activity room.

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Forget saving for college. These days, parents – and parents-to-be – should be stashing away funds for day care.

According to a new study from ChildCare Aware of America, a childcare research and advocacy group, center-based care for an infant costs more, on average, than in-state tuition at a four-year public college. The price tag ranged from about $4,600 in Mississippi to $15,000 in Massachusetts, and was more than annual median rent payments in 22 states. In some of the more expensive states the cost of day care for infants equals about half of the median income for single moms. 

And those numbers drop only slightly for children four and older.

“Parents are tapped out,” says Grace Reef, chief of policy and evaluation for ChildCare Aware of America. “They really can’t pay more. It’s not affordable.”

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