Anonymous wrote:This is a classic case of Millennial navel-gazing. When it was happening to Gen-X parents no one cared. But now that it's happening to millennials it's a huge deal that warrants hand-wringing and media coverage.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'd like a breakdown of where the money goes. I pay a lot- about 55k a year for my kids. I know salaries aren't very high, however. Is it insurance? And if so, is there anything we can do to fix that? Is it rent?
I pay $45K for two kids, so I get it. But it doesn't seem unreasonable to me. My daycare has 8 spots for under-2s at ~$1000/2 weeks. So that's a total of $208,000 coming in annually. They have 5 teachers for the 0-2yos to cover the full days/administrative stuff. Assuming each staff works 40 hours/week at $15/hour, that's $156,000 annually just to pay the staff, leaving $52,000 for rent, cleaning, stuff, food (my daycare serves food), taxes, etc. Seeing as rent for a 2-bedroom apartment in my area is $36K a year, $52 for a daycare seems pretty low, honestly (this is in a federal building so I assume their rent is lower than market rate but still). I think the PPs who say that centers operate the infant rooms at a loss and make it up with the older kids are probably right.
Do preschools and daycares pay taxes? Are they treated like private schools?
5 teachers for 8 little kids is a lot. I think you are only required 1 per every 4 kids.
My sons preK (private, we’re in Virginia) has 20 kids for 3 teachers. Classroom is incredibly well managed at that ratio (unlike kindergarten…). $400 a week x 20 kids= $8000 a week = $416,000 a year. Surely they can pay the 3 teachers more than 40k?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I'd like a breakdown of where the money goes. I pay a lot- about 55k a year for my kids. I know salaries aren't very high, however. Is it insurance? And if so, is there anything we can do to fix that? Is it rent?
I pay $45K for two kids, so I get it. But it doesn't seem unreasonable to me. My daycare has 8 spots for under-2s at ~$1000/2 weeks. So that's a total of $208,000 coming in annually. They have 5 teachers for the 0-2yos to cover the full days/administrative stuff. Assuming each staff works 40 hours/week at $15/hour, that's $156,000 annually just to pay the staff, leaving $52,000 for rent, cleaning, stuff, food (my daycare serves food), taxes, etc. Seeing as rent for a 2-bedroom apartment in my area is $36K a year, $52 for a daycare seems pretty low, honestly (this is in a federal building so I assume their rent is lower than market rate but still). I think the PPs who say that centers operate the infant rooms at a loss and make it up with the older kids are probably right.
Do preschools and daycares pay taxes? Are they treated like private schools?
5 teachers for 8 little kids is a lot. I think you are only required 1 per every 4 kids.
My sons preK (private, we’re in Virginia) has 20 kids for 3 teachers. Classroom is incredibly well managed at that ratio (unlike kindergarten…). $400 a week x 20 kids= $8000 a week = $416,000 a year. Surely they can pay the 3 teachers more than 40k?
Anonymous wrote:Anonymous wrote:I'd like a breakdown of where the money goes. I pay a lot- about 55k a year for my kids. I know salaries aren't very high, however. Is it insurance? And if so, is there anything we can do to fix that? Is it rent?
Rent and Labor costs are the main expenses for a close in daycare. They aren't getting a discount on the market rate commercial rent.
Anonymous wrote:Anonymous wrote:I'd like a breakdown of where the money goes. I pay a lot- about 55k a year for my kids. I know salaries aren't very high, however. Is it insurance? And if so, is there anything we can do to fix that? Is it rent?
I pay $45K for two kids, so I get it. But it doesn't seem unreasonable to me. My daycare has 8 spots for under-2s at ~$1000/2 weeks. So that's a total of $208,000 coming in annually. They have 5 teachers for the 0-2yos to cover the full days/administrative stuff. Assuming each staff works 40 hours/week at $15/hour, that's $156,000 annually just to pay the staff, leaving $52,000 for rent, cleaning, stuff, food (my daycare serves food), taxes, etc. Seeing as rent for a 2-bedroom apartment in my area is $36K a year, $52 for a daycare seems pretty low, honestly (this is in a federal building so I assume their rent is lower than market rate but still). I think the PPs who say that centers operate the infant rooms at a loss and make it up with the older kids are probably right.
Anonymous wrote:Anonymous wrote:I'd like a breakdown of where the money goes. I pay a lot- about 55k a year for my kids. I know salaries aren't very high, however. Is it insurance? And if so, is there anything we can do to fix that? Is it rent?
Rent and Labor costs are the main expenses for a close in daycare. They aren't getting a discount on the market rate commercial rent.
Anonymous wrote:This is a classic case of Millennial navel-gazing. When it was happening to Gen-X parents no one cared. But now that it's happening to millennials it's a huge deal that warrants hand-wringing and media coverage.
Anonymous wrote:This is a classic case of Millennial navel-gazing. When it was happening to Gen-X parents no one cared. But now that it's happening to millennials it's a huge deal that warrants hand-wringing and media coverage.
Anonymous wrote:When and if The government gets more involved in daycare and subsidies, is when you will see a large amount of in-home daycare clothes and centers lose more staff. The government starts to impose more regulations and strings attached to the subsidies. They will want daycare workers to be college educated, not just college but early child care education degrees. Many In-home daycare workers do not have a college degree. They won’t have the time or money to go back to school and will close. In the DC area this will predominantly impact minority women. Many immigrants too.
The last thing parents need is more government into daycare.
Anonymous wrote:This is a classic case of Millennial navel-gazing. When it was happening to Gen-X parents no one cared. But now that it's happening to millennials it's a huge deal that warrants hand-wringing and media coverage.
Anonymous wrote:I'd like a breakdown of where the money goes. I pay a lot- about 55k a year for my kids. I know salaries aren't very high, however. Is it insurance? And if so, is there anything we can do to fix that? Is it rent?
Anonymous wrote:What's broken is an economy that forces a majority of parents to work full-time in order to make ends meet.