Excerpts
...
A report released from the New York City comptroller’s office this year shows the average cost of center-based care across the five boroughs was $26,000 a year, and that to afford the cost of care for a two-year-old in New York City, a family would need to earn $334,000 annually. “People are draining their savings, going into debt, borrowing on their 401ks [retirement funds],” said Lew. “You have to be wealthy in order for childcare to not be an issue.”
For many would-be parents, the inaccessibility is affecting their family-planning decisions, causing them to delay having kids or to only have one child, despite wanting more. “We would love to have another, but financially, we don’t know if we can afford it,” said Nancy Keith, who is raising a 15-month-old in the Bedford-Stuyvesant neighborhood in Brooklyn. Keith says that she and her husband waited until they were in their late 30s, and more settled in their career, to have a child. Even still, they need financial assistance from their parents to afford the $26,000 a year they pay for childcare.
Should Mamdani win the mayoral election in November and make his childcare vision a reality, these challenges could become things of the past, experts say.
Most immediately, parents and childcare workers alike would experience improved financial security. Families would see thousands more dollars in their bank accounts every month, while childcare workers would be paid salaries and receive benefits at parity with New York public school employees.
Gregory Brender, chief policy and innovation officer at the Day Care Council of New York, explains that pay parity has been a priority for the provider network for decades, making it a relief to finally see it be a legislative priority. “Early childhood education depends on a talented and educated workforce, and they need to be compensated appropriately,” he said.
These family-focused policies would also improve equity in the city, as more parents – especially women – would be able to remain in the workforce. And in making the city more affordable for everyone, families from diverse backgrounds with a range of incomes would be able to remain in their communities.
Down the line, such policies would also bolster the city’s economy. Collectively, New Yorkers spend as much as $15bn on childcare every year. And in 2022, families not being able to afford childcare cost the city $23bn between lost tax revenues and workplace departures as parents were forced to drop out of the workforce.
“We just cannot afford to not have universal childcare,” Lew said.
Universal childcare isn’t cheap. But the city has the money, said Justin Brannan, a New York City councilmember representing parts of Brooklyn and chair of the city’s committee on finance. “We have been stuck in this cycle of false austerity where we are supposed to believe that we have to choose between little and even less, and it’s just not true,” Brannan said, noting that the city’s budget totals almost $116bn (universal childcare would cost $12bn per year). “We just need to do a better job of spending our money,” he said.
Implementing such a system may not be as simple as carving out room in the budget, however. Some facets of the plan – like raising taxes – need to be approved by the state legislature and the governor. Kathy Hochul, the New York governor, has already said she will not raise income taxes. Mamdani has acknowledged these challenges, saying in an interview with Morning Edition, “Any mayor that has an ambition that meets the scale of the crisis of the people that they’re seeking to represent will have to work with [the state].”
Still, the ideas have momentum.
...
Hailey Gibbs, associate director of early childhood policy at the Center for American Progress, said it’s an issue that crosses the political aisle. “Folks, regardless of what state they represent or how far they sit in the political extremes, understand that the lack is meaningful,” she said.
“It’s a unifying issue,” echoed Karen Schulman, senior director of state childcare policy at the National Women’s Law Center, pointing out that even staunchly Republican states like Alabama, Georgia and Montana have created early childhood education funds.
But Mamdani’s campaign is the first in the country to put children and childcare front and center – and win, at least at the primary level. “That’s pretty bold for the US,” Gibbs said.