A new cost-sharing program called Missouri Childcare Works will help some parents save up to 75% on childcare.
Breakdown
- Parents in the Kansas City region spend about 16% of their income on childcare, double the federal affordability standard.
- Missouri has launched a program to split childcare costs among parents, employers, and the state. 11s
- The state committed $2.5 million to the initiative, with employers who sign up contributing additional funds. 1m 9s
- Parents can save up to 75% on childcare costs if their employer participates in the program. 1m 18s
- The program is called Missouri Child Care Works, and more information is available online. 1m 33s