Early Care and Education Capital Innovation Creating Sustainability of Child Care Small Businesses
In Mississippi, the average annual price tag for child care is $5,400, which is 10% of that state’s median $55,000 median household income. Even in comparatively wealthy Massachusetts, the annual cost of child care is grossly unaffordable to many residents, hovering around $21,000. The other 48 states and U.S. territories all fall somewhere in between.…