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Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate

Child-care prices in the US are rising at nearly twice the overall inflation rate, putting a strain on families' finances. Rising costs and the end of federal aid are driving the increase.

  • Child-care prices rose 6% in July, nearly double the overall inflation rate.
  • Providers are boosting tuition to cover rising costs and the end of federal aid.
  • Child-care workers' wages have increased 4.6% in June, but remain below the average for service workers.
  • Rising child-care costs have forced some families to take on additional jobs or leave the workforce.
  • The expiration of federal aid programs is expected to worsen the affordability crisis.
Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances

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