Child care cliff looms as expenses increase, availability decreases
January 31, 2024
January 31, 2024
HOUSTON, Texas, Jan. 31 -- Rice University issued the following news release:
Millions of child care providers in the U.S. face the prospect of having to either raise tuition, cut workers' wages and benefits or downsize their operations as funds from the American Rescue Plan Act phase out. Up to 3 million children could experience a disruption in care nationwide -- a "child care cliff," according to a new report from Rice University's Baker Institute for Public Policy.
Millions of child care providers in the U.S. face the prospect of having to either raise tuition, cut workers' wages and benefits or downsize their operations as funds from the American Rescue Plan Act phase out. Up to 3 million children could experience a disruption in care nationwide -- a "child care cliff," according to a new report from Rice University's Baker Institute for Public Policy.