Thursday, January 12, 2012

Child care bills rising faster than income

Study shows child care costs jumped 7 percent from 2004 to 2010, while wages stayed flat.


Child care takes a much bigger slice out of the family budget than before. An Oregon State University study revealed that while wages remained fairly flat from 2004 to 2010 in Oregon, the cost of child care rose 7 percent. Single parents took the hardest hit, with child care outpacing income by 14 percent.