UPDATE: In a significant move to alleviate financial pressure on families, New York Governor Kathy Hochul has announced a new child care investment plan aimed at making child care affordable for families across the state. This plan could save New York families billions annually, addressing a critical issue identified by many parents struggling with soaring child care costs.
Currently, families like that of Kirpaul Babar and Jeanne Babar face staggering expenses, spending approximately $1,600 a month—more than their mortgage payment—for child care for their two young children. “Cost-wise, for one kid, it’s about $20,000 a year for day care,” Kirpaul shared. The Babars, supportive of universal child care, highlighted that the financial burden has deterred them from expanding their family.
The proposed investments are poised to impact nearly 100,000 additional children in New York. Key components include making pre-K universal statewide, assisting counties in building affordable child care models, and expanding subsidies to tens of thousands of families. This development is crucial as families grapple with the rising cost of living and the demands of childcare.
However, the plan has sparked debate. Critics, including Republican Assemblyman Ed Ra, question the feasibility of a proposed $1.7 billion increase, totaling $4.5 billion for the fiscal year 2027. “The question comes down to the dollars,” Ra stated, emphasizing the need for a realistic financial strategy that accommodates existing revenue streams.
Advocates for the plan, such as Rebecca Bailin of New Yorkers United for Child Care, argue that the success of this initiative hinges on improving pay for child care providers, who currently earn an average of $37,000 annually—often considered near poverty wages. “We have a real workforce shortage, and if they’re not being paid well, they’re not going to want to do the work,” Bailin warned.
In a targeted approach for New York City, Hochul is collaborating with Mayor Zohran Mamdani to launch a new 2-Care program while working towards universal access to 3K education in the city. This indicates a proactive strategy to ensure that affordable child care becomes a reality for all families, particularly in urban areas where costs are typically higher.
As discussions continue regarding the funding and implementation of this ambitious plan, the urgency for families facing overwhelming child care expenses is palpable. Parents like the Babars are watching closely, hoping for change that could transform their financial landscape. The outcome of these investments not only impacts parents but also has long-term implications for the workforce and economic health of New York State.
What’s Next: Stakeholders are expected to gather for further discussions, and details on the financial framework of the plan will be released soon. Families and advocates will be looking for clarity on how these changes will take shape and how quickly relief can be expected. The situation is developing, and updates will be provided as more information becomes available.
