“Cost is one of the big reasons Julie Groce—an educator and mother in Grand Blanc, Mich.—waited until she was in her mid-thirties to have her son. ‘We wanted to be financially ready. We thought we were doing the right thing. Turns out, it didn’t matter. Like, it does not matter. It’s going to suck you dry no matter what,’ Groce recently told Fortune’s Alexis Haut on the new podcast focused on childcare, Where’s My Village?
“Like many parents of young children, Groce is counting down the months until she can enroll her son in public school. ‘We paid $1,200 a month, which is how much our mortgage is. So we pay two mortgages,’ she explains on the podcast, adding that their childcare provider, like many across the country, recently increased tuition costs.
“That cost, however, is a double-edged sword, Groce says. ‘I’m torn because on one hand, it is 1,000% worth it—the way that he’s growing and thriving, totally worth it. If I could pay more, I would, but I also want to be able to pay the bills and pay our mortgage.’ ”
— “Childcare costs are bleeding many families dry. This map shows how expensive it is in your state,” by Megan Leonhardt, Fortune, October 19, 2022