Teacher with group of preschoolers sitting at table

Source: Susan Chiang / Getty


If you’re planning on starting family anytime soon, you better start saving as much as you can now, as the average cost of full-time daycare for kids up to the age of 4 has reached $9,589 a year, according to a new report from the think tank New America. OUCH.

That now tops the average cost of in-state college tuition, which runs about $9,410.


Source: Thinkstock / Getty

That means parents earning the national median household income (a little north of $53,000) would need to shell out 18% of their income for the care of just one child.

CNN reported that when it comes to the presidential campaigns addressing this issue, Trump wants a childcare tax, while Clinton wants a 10% cap for childcare based on household income.

WTF? Child Care Now More Expensive Than Some College Tuitions  was originally published on edlovershow.com

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