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Preschool and Daycare Discussion
Reply to "CARES Act and Childcare Facilities "
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[quote=Anonymous][quote=Anonymous][b]Why are families expected to pay to keep our centers in business when they can take out a forgivable loan that will cover rent, payroll, utilities, etc.? Am I missing something here? It just seems like it’s not feasible what we are being asked to continue to pay in light of long term closures.[/b] In many cases, it's going to take months for the schools to get the loans.[/quote] Okay, so charged a reduced payment to pay rent, utilities, and cover some payroll. Dip into savings a bit to cover some payroll too (I mean there HAS to be at least some savings even if they didn’t plan). Take out a regular business loan as a stop gap. I dunno. But parents are not just free money to bailout the childcare industry. [/quote]
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