How to Make Child Care More Affordable in Your Region
Child care is vital for supporting working families and ensuring children’s success, but high costs pose a significant challenge. In this article, Chris Bennett, CEO of Wonderschool, explains how governments can reduce child care expenses by increasing the supply of programs. Using the principle of supply and demand, he draws a comparison with rent prices to illustrate how more child care options lead to competitive rates. Bennett provides actionable strategies for governments, including fostering public-private partnerships, supporting new providers, and repurposing existing spaces to expand child care availability and affordability.