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At ‘financial risk,’ child care system needs $690M, says report

Boston Business Journal
by Gintautas Dumcius

In its new report, the nonprofit MassBudget estimated early education providers lost up to $250 million in private tuition each month of the shutdown. Now, providers may also face a 20% increase in the cost of operations due to new safety protocols and disruptions of enrollment.

“Families with options, such as keeping kids home with family or private caregivers, may choose to move away from group child care entirely, further financially destabilizing the system,” the report said.

The report noted low-income families and families of color are “more likely” to be hurt by child care center closures during the pandemic. “Accessible early education and care for young kids and their families is vital to the recovery of our economy from the Covid-19 crisis,” the report said.

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