Anyone who depends on childcare so that they can go to work should be worried right now. There's a misconception that this stimulus package is going to bail out your childcare provider and help them to keep their doors open.
This is simply not true. Small business owners own the majority of childcare in this country. Childcare comes in many different sizes and forms.
The ones who will receive the stimulus package money are those who already accept subsidy payments. Subsidy payments are there for parents who need help in paying their childcare costs. So they will continue to receive these payments, even though they may or may not still be providing the care for that child.
They still are only receiving a portion of that regular monthly payment because they are not receiving the parent's share. So they MAY be able to survive and hold out if possibly all of the children in their program are on subsidy and they have fired all of their employees.
Now for all the other programs that don't receive subsidy payments, well, those programs are screwed.
If you depend on childcare to go to work, you should probably be worried that your childcare won't exist when you can return to work.
Don't be fooled by the fact that these places are offered PPP loans and SBA loans, the last thing ANY childcare provider needs right now is some loan they will have to pay back SOMEHOW. The PPP loans aren't going to help keep the doors open, either.
So right now, we are all sitting around worried about our economy, our bills, getting back to work, etc. But if you have kids and you plan to go back to work when this is all over, you better be considering how you are going to go back to work if you don't have childcare.
Abby Lazarus, M.ed.
Early Childhood Professional and Advocate for 15 years. Bachelors in Child Development. Masters in Early Childhood Studies. Current Doctoral Student.
Current Doctoral Student.Masters in Early Childhood Studies and Bachelors in Child Development. 15 years in the ECE profession.