Roughly one in five Americans with student loans say their debt has had a negative effect on their ability to provide or pay for child care, according to aAbout one in four Americans has student loan debt, with theBut that monthly loan payment makes balancing other monthly bills more difficult, especially when it comes to expensive fixed costs such as child care.
. The organization estimates that's about 10% of the average family's monthly income of $10,981. In fact, it's not uncommon for child care to be a family's largest monthly household expense — more than rent or a mortgage.U.S. Department of Health and Human Services's guidelinesWhere you live can play a major role in the cost. Over half of Americans live in neighborhoods classified asby the Center.
The average cost of full-time care for children ages 0-4 is more expensive than the average cost of in-state college tuition. In Michigan, the average family pays almost $14,000 a year in child care, while the average family living in Washington D.C. pays over $25,000 a year, according to
MakeIt Bad decisions have consequences. Or they’re supposed to anyway. When can I get a refund from the govt for that bad car loan interest rate I took out in my 20s ?
MakeIt Yeah we don’t care about college loan debt. The majority of people didn’t go to college and shouldn’t have to pay for the privileged ones who did! No matter how much you tell us it’s a big deal, it really isn’t!
MakeIt Only the rich kids have student loan debt and they just don't want to pay their debt after receiving the benefits of getting a degree. Another program to help the rich.
MakeIt Can anyone get a school loan debt. I would rather get a car loan debt and get a job.
MakeIt Are they wearing $NKE though?
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