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Child care costs exceed rent in most american cities, study finds

from ABC News

While policymakers including President Obama have emphasized the importance of affordable child care, for many families, finding quality care can be more expensive than their rent. The cost of child care for two children exceeded rent in 500 out of 618 family budget areas, according to a new paper by the Economic Policy Institute, a worker advocacy group. EPI determined that child care costs for families with two children range from about half as much as rent in San Francisco to nearly three times rent in Binghamton, New York. more


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