Childcare costs force poorest families into debt, September 7, 2001, The Guardian: “Britain’s poorest families are getting into debt because of the high cost of childcare, while a third are turning down jobs and 40% are considering leaving work because they cannot afford to pay for someone to look after their children, according to research. Parents spend almost a third of their incomes on childcare – more than anywhere else in the world, according to a study by Save the Children and the Daycare Trust. For four out of 10 families the cost of childcare is on a par with mortgage or rent payments, the study showed. Of those families in severe poverty, nearly half have cut back on food to afford childcare and 58% said they were, or would be, no better off working once childcare was paid for. The research found that parents, regardless of income, cannot afford not to work but struggle to pay for childcare, and despite many parents cutting back their spending almost a quarter are in debt because of childcare costs…”
Childcare costs put parents in debt, survey concludes, September 6, 2011, BBC News: “Nearly a quarter of UK parents questioned in a survey by the Daycare Trust and Save the Children say the cost of childcare has put them in debt. The survey of 4,359 parents found 58% had cut spending on other essentials like clothing, heating and other bills. Nearly two-thirds said they could not afford not to work, but struggled to pay for childcare. Four out of 10 families surveyed said the cost of childcare was on a par with their mortgage or rent. The study suggests the cost of childcare has the greatest consequences for the poorest families…”