Economics

Surging Childcare Costs Are Hurting More and More Americans

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It’s not the cost of diapers or even future college tuition that’s rattling Amber Sparks.

“We basically had to remake our entire budget around daycare,” said Sparks, 37, whose three-month old daughter began attending childcare this month when Sparks returned to work for a labor union in Washington. “We’ll eat out a lot less, and have a lot less discretionary spending. We live in an apartment building and I don’t think there’s any way we’d be able to afford a home and pay for daycare and pay for student loans.”