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Tuesday, 2 January 2024

29% of Families Hit by Childcare Tuition Hike: Innovative Marketplace Solution Tackles Crisis

Site logo image Lindsey Jenn posted: "Working mothers are facing challenges with higher childcare costs, lower pay, and fewer career opportunities, owing to the "Mommy Tax", that leads to 80% of the gender pay gap, and how a revolutionary online educational marketplace solution can alleviate " Michigan Mama News

29% of Families Hit by Childcare Tuition Hike: Innovative Marketplace Solution Tackles Crisis

Lindsey Jenn

Jan 2

Working mothers are facing challenges with higher childcare costs, lower pay, and fewer career opportunities, owing to the "Mommy Tax", that leads to 80% of the gender pay gap, and how a revolutionary online educational marketplace solution can alleviate these struggles.

The steep cost of childcare adds to the "Mommy Tax",

leaving many mothers—both married and single—caught between the need for their children's care and learning and the financial challenges of earning insufficient income.

  • The monthly costs for childcare are 32% higher compared to the average before the pandemic.
  • In the last month, 29% of families noted an increase in their childcare tuition.

In the U.S., working mothers struggle to find affordable childcare options

with educational programs, since they typically earn less than women without children, a phenomenon that is known as the "Mommy Tax". Fathers, however, typically maintain earnings on par with childless men.

  • In the last year, 18% of mothers either switched jobs or exited the workforce.
  • Among them, 28% cited the decision to be with young children, while 15% opted to stay home due to insufficient childcare options.

Over the holidays, kids spend about 400 hours out of school. If families cannot afford to send their kids to programs or camps, they end up with a lot of unsupervised time, not always focused on learning.

"Students need activities that prepare them for life after high school and career success. Many students in public colleges aren't ready for college-level work. Quality after-school care can help bridge this gap for all students, no matter where they live or their family's income," asserts Carleen Haylett, CEO of EnrichedHQ.

EnrichedHQ offers a marketplace of diverse courses

guaranteed to engage students of all ability levels and interests, by creating a custom package for each child that keeps them occupied during the holidays on worthwhile activities to bridge childcare through high school.

The platform offers diverse educational programs, bridging the childcare gap from 5th grade through high school, ultimately benefiting the overall community.

About EnrichedHQ:

In 2020, single mother and technology leader Carleen Haylett witnessed pandemic-driven gaps in the U.S. educational space when her fifth-grade son began to thrive with homeschooling. The schoolwork was manageable, but the lack of affordable virtual extracurricular programs available, which would stimulate his development as a student preparing for middle and high school, was a shock. Torn between motherhood and her career, corporate pressure mounted, she left her job. She founded EnrichedHQ to solve the logistical nightmare of finding and managing options for kids who no longer need day care or a sitter, bridging childcare through high school. Leveraging her 20+ years in technology development, product management, and sales, she developed a platform that offers virtual extracurricular programs for middle and high school age children that enrich and prepare them for life. Working parents are able to find an immediate remedy for this common parental stressor through their employers. EnrichedHQ handles all the logistics, letting parents easily find, book, schedule, and pay for multiple virtual programs for multiple children across multiple providers. Both corporations and parents benefit from EnrichedHQ's commitment. Visit https://enrichedhq.com/

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