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Search resuls for: "National Child Care Association"


5 mentions found


☆ How the cost of childcare is expected to change under Trump or Harris
  + stars: | 2024-11-01 | by ( Allie Kelly | ) www.businessinsider.com   time to read: +6 min
Former President Donald Trump and Vice President Kamala Harris have both talked about the importance of making childcare more affordable. Below are three elements of the childcare equation and what the Harris and the Trump camps have either proposed or already done. Child tax creditsTrump and Harris have both proposed expanding the child tax credit, which currently provides up to $2,000 per child. Harris' child tax credit policy would restore the enhanced pandemic-era credit, giving parents up to $3,600 annually per child, with the amount dependent on a child's age and family income. The US's pandemic-era child tax credit expired at the end of 2021 because Republicans in Congress opposed it.
Persons: Harris, Trump, —, Donald Trump, Kamala Harris, Joe Biden's, Grant —, Anne Hedgepeth, Cindy Lehnhoff, Vance, hasn't Organizations: Service, Business, Child Care, Child Care Association, Budget
☆ Many single parents who drive for apps like Uber and Lyft say it's their best option — but they still can't pay their bills
  + stars: | 2024-03-06 | by ( Noah Sheidlower | ) www.businessinsider.com   time to read: +12 min
AdvertisementFlexibility can be an illusionMost single parents with whom BI spoke said they valued the flexibility gig work gives them. Some single parents with disabilities said being able to take days off has helped them stay healthier and avoid burnout. This means that a higher percentage of single parents' earnings goes toward childcare costs, pushing some away from using childcare entirely. "These fluctuations and discrepancies can be devastating to individuals who don't have other mechanisms to make money, including single parents who are often operating on a single income," Greening said. AdvertisementIt's not easy for parents with older childrenThe issues single parents face still linger for those with older children.
Persons: Bri, Uber, Dara Khosrowshahi, Lyft, Uber hasn't, Susan, she's, Lindsey Cameron, Cameron, Cindy Lehnhoff, Lehnhoff, Bryant Greening, Greening, Starla, She's, Genesis, Paul, he's, It's humbling Organizations: Service, DoorDash, Walmart, Business, Wharton School, National Child Care Association, BI, Uber, Security Disability Insurance, Arizona State University Locations: Fort Worth , Texas, Grubhub, bam, Ohio, Jacksonville , Florida, Atlanta, Las Vegas
☆ Only one developed country has a more expensive childcare system than the US
  + stars: | 2024-02-27 | by ( Jacob Zinkula | ) www.businessinsider.com   time to read: +4 min
The United States has one of the most expensive childcare systems in the world. The average childcare cost among all 30 countries was less than 15% of a couple's wages. The US spends roughly 0.4% of its GDP on early education and childcare, compared to 0.8% for the average OECD country. In addition to boosting the number of working women, reducing childcare costs could motivate some US couples to have children. A recent study from the Beijing-based Yuwa Population Research found that high childcare costs were among the main reasons for China's low birth rate.
Persons: —, Cindy Lehnhoff Organizations: Service, United, Bank of America, OECD, Business, of America, York Times, National Child Care Association, Research Locations: United States, New Zealand, Germany, Austria, Iceland, Beijing
☆ The typical NYC family is spending more than 25% of its income on childcare — triple what's deemed affordable
  + stars: | 2023-09-12 | by ( Jacob Zinkula | ) www.businessinsider.com   time to read: +4 min
New York City families are spending over a quarter of their income on childcare. The typical New York City family is spending over 25% of its income to pay for the childcare of just one kid, according to data from the Department of Labor . For its New York City childcare expenses to meet the federal standard for affordability, a family would need to earn roughly $300,000 per year. AdvertisementAdvertisementCindy Lehnhoff, director of the National Child Care Association, previously told Insider that more funding — not changing ratios — is what's necessary to resolve the national crisis. Are you struggling to afford childcare or finding creative solutions?
Persons: Robin Hood, Taryn Morrissey, Cindy Lehnhoff, Lehnhoff Organizations: Service, Department of Labor, New, Robin Hood Foundation, American, Century Foundation, American University, National Child Care Association Locations: York City, Wall, Silicon, New York City, New, Kansas
☆ The rest of the US can learn a lot from how New Mexico is tackling the childcare crisis
  + stars: | 2023-01-27 | by ( Jacob Zinkula | ) www.businessinsider.com   time to read: +6 min
New Mexico is the first state to dedicate permanent funding for childcare. The amendment, which was the result of nearly a year of campaigning by thousands of childcare workers across the state, made New Mexico the first in the nation to allocate permanent funding to childcare. "New Mexico is a leader right now," Cindy Lehnhoff, Director of the National Child Care Association, told Insider. "Economies of scale do not apply to child care in the same way as with other economic sectors," Taryn Morrissey, an associate professor of public policy at American University, told Insider. The experts agree the best solution ties back to what New Mexico is doing right now: expanding government childcare funding.
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