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☆ A childcare center founder explains what she learned after 3 decades and why it's so hard to make the business work
▼ + stars: | 2023-10-15 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

After three decades, Julie Clark recently sold CAST Preschool and Childcare Center in Connecticut. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementJulie Clark, the cofounder of the CAST Preschool and Childcare Center in Woodbury, Connecticut, said her "goal was really to form a community, not just a school." After more than 30 years, Clark sold her childcare center this past summer. It's hard for centers to find staffSome teachers had worked for CAST Preschool and Childcare Center for at least 15 years.

Persons: Julie Clark, Clark, could've, —, I've, Allison Robinson, Robinson, We've, Julie Kashen Organizations: CAST, Service, Department of Labor, The Century Foundation, Labor Statistics Locations: Connecticut, Woodbury , Connecticut

Some childcare operators told Insider the end of pandemic-era funding could make the problem worse. To keep the doors open at her Southampton Township, New Jersey, childcare center, she needs to find new clients or new funding. Jackson is just one of many providers across the US entering a period of uncertainty after a pandemic-era infusion of federal childcare funding ran out at the end of last month. That funding expired on Saturday, along with $13.5 billion in childcare funding from other pandemic-era legislation. She added: "What we're likely to see is childcare providers doing everything they can to continue to operate.

Persons: —, Jackson, Patti Smith, Joe Biden's, they'd, Allyx Schiavone, Lauren Bauer, Molly Kinder, Julie Kashen, Kashen, Schiavone, Cristi Carman, they're, Carman, Shannon Hampson, Hampson, we're, Rep, Katherine Clark, Julia Pollak, ZipRecruiter, there's, Grant Organizations: Service, Greenway, National Association for, Education of Young Children, Rescue, Friends Center for Children, American Progress, Brookings Institution, The Century Foundation, Care, American Locations: Southampton Township , New Jersey, Maryland, Lincoln , Nebraska

☆ Why the end of federal child care funding matters — whether or not you have young kids
▼ + stars: | 2023-09-28 | by ( Erik Ortiz | ) www.cnbc.com time to read: +7 min

"It's going to be a child care apocalypse," she said. "If someone came to me today and said they wanted to open up a child care center, I'd say, 'Don't do it.' That amounts to about 3.2 million children losing child care. In June, the GOP-controlled Legislature in Wisconsin voted to end its Child Care Counts subsidy program, with funding to help child care providers expected to be exhausted by February. On the federal level, Democratic members of Congress have introduced bills this year to expand federal subsidies for child care providers and create federally funded, but locally run, child care centers.

Persons: Rossignol, shouldering, Julie Kashen, Kashen, Cathy Creighton, Creighton, Jade Lebel, Lebel, It's, Kat Brockschmidt, Rawasia Organizations: The Century Foundation, GOP, Republican, Democratic, Cornell University's School of Industrial and Labor Relations Buffalo Co, Employers Locations: Maine, Alaska , California, Minnesota, New York, Wisconsin, U.S, Montgomery County , Maryland

More than a quarter said they would have to cut wages — from a median hourly wage of about $12. Nearly a third of providers, including 44 percent at those owned by minorities, said they might consider leaving their job or, in the case of home-based child care, closing altogether. “Federal funding made a huge difference,” said Julie Kashen, a senior fellow at the Century Foundation and an author of the new report. Without the grants, she said, the center, which her parents started 40 years ago, would have closed during the pandemic. She used the money to raise hourly pay to $15 “because they all deserve it,” she said.

Persons: ”, Julie Kashen, Jen Whyte Organizations: Century Foundation Locations: Millcreek , Utah

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