chloroform42 t1_jck4qhe wrote
Corporate childcare ownership is an abomination, investment groups buying struggling centers to ‘flip them’ by cutting costs and raising tuition. It only works by blowing everything up. They may be banking on public investment to bail them out eventually, but in the meantime it’s the usual horrible-for-everyone-but-investors strategy
SilverKelpie t1_jckjvil wrote
I experienced something like this back in Texas. The woman who ran the daycare we had our daughter in retired and sold the center, and the corporation that bought it immediately cut everything that made it appealing. Don’t know the details of what changes they were making with the staff, I’m sure they couldn’t exactly say much without risking their jobs, but staff seemed unenthusiastic about it all. We moved our daughter to another daycare.
clickmahheels t1_jcoxjtm wrote
In this case, the center is trying to improve quality and parents are upset about the cost.
It’s a catch-22. Everyone wants quality care, but no one wants to pay for it. As a corporate center, they are either going to be lambasted for not being high enough quality or accused of being greedy for charging what it costs to provide quality.
nai_jenkins t1_jctjhfz wrote
Qualify childcare doesn't have to cost more than a mortgage.
clickmahheels t1_jcu4q3w wrote
It depends completely on what is included that makes it quality (and also what your mortgage costs!) The way the state defines quality does cost a lot to achieve, but I agree there are many ways to take great care of kids that are less expensive.
nai_jenkins t1_jctjit2 wrote
Quality childcare doesn't have to cost more than a mortgage.
clickmahheels t1_jcu4yry wrote
For this company's business model, it does cost quite a lot. Did you know that they were the first people to pay benefits to childcare workers in the state? I get the impression they tend to be on the cutting edge, thus the expense.
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