News for hackers. Stuff that matters.

A comment on As child care costs soar, more parents may have to exit the workforce. Parent comment

Re:As child care costs soar, more parents may have to exit t... by nonethewiser on Thursday November 02, 2023 @10:17AM (#38113836)
> In my limited experience, daycare tuition in high cost of living areas is insane. Not sure why.

You know why. Because labor costs are "insane". Not insane from the perspective of the low-wage earner making 60k in NYC, but insane for the 4 families that are paying their salary. That's $15k per family per year. But that's not the final cost, they then have to cover a share of center overheard + some margin which easily hits 25 or 30k.

[ Parent | on HN ]
Re:As child care costs soar, more parents may have to exit t... by johnnyanmac on Friday November 03, 2023 @12:31AM (#38124551)
that's not a very satisfying answer. The ones doing labor aren't benefitting, and a day care cares for more than 4 kids. so where's all the money going? Rent? So tiring hearing all these arguments in politics thinking of the kids, and meanwhile the kids' facilities are screwed over the worst.

and for a high CoL area, it's not even 1200 a month. It's more like 2500-3000. Literally a 2nd apartment's worth of rent. Unless things went down over the pandemic.

[ Parent | on HN ]