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by mod
3884 days ago
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I used to work in child-care. We charged $14/day for after-school care (4-5 hours), and the staff-to-child ratio was about 20:1. Counselors made < $10 hour. This was 2001-2007 or so. Child care was the biggest money maker at my organization, which was a fully-featured ymca with seasonal sports, fitness, olympic pool, gymnastics, rock wall, skate park, and 10 million in the bank. We had a pre-school, after-school, and summer camps. I can't speak to the % of net income that came from child care, but I think it was very large. I think given multiple children, it becomes very likely that it's better for one parent to stay home. They get to spend a lot more time with the kids at a very small financial difference. |
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[edit http://eclkc.ohs.acf.hhs.gov/hslc/tta-system/teaching/eecd/L... has space and staffing rules for EHS and HS which states tend to copy]