Parents will spend an average of $998 per child for summer care, but 19 percent of parents said they will pay over $2,000 per child.
Fifty-nine percent of respondents said they would pay for their childcare with a credit card. Parents will spend an average of $998 per child for summer child care, the survey said, but 19 percent of parents said they will pay over $2,000 per child.
"Childcare is expensive! It's no wonder so many parents are going into debt trying to cover the costs. However, it is avoidable,"said in a press release. He recommends parents take advantage of credit card companies that offer 0% interest deals for a limited period after opening an account in order to reduce childcare costs.
The data showed that households making at least $80,000 per year were more likely to pay for childcare. A boy plays in a childcare center his mother take part in an English as a Second Language, class on December 3, 2016, at a migrants assistance center in Stamford, Connecticut.
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