How Child Care Became the Most Broken Business in America
3 years, 1 month ago

How Child Care Became the Most Broken Business in America

Bloomberg  

Deanna Cohen was 20 years into a career in the music industry when she realized it wasn’t going to work out. On paper she looked like a success: She’d worked her way up from college intern at a record company to vice president of music programming at a national TV network. Preschool for her older child was cheaper, but not much, and most of the programs Cohen found ended at noon. Cohen and her husband were looking at $45,000 a year or more in child-care costs—a figure they could barely afford.

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