At the end of a long day of work at a small sports-marketing firm in Atlanta, a very pregnant Micki Velmer is driving to pick up her 3-year-old son, Burke, from childcare when her car overheats and breaks down. Velmer’s husband, Jason, soon swings by to get her and then get both of them to the Frazer Center before it closes and starts charging late fees. Still, Velmer is uneasy.
In just a few short weeks, once their second child is born, the Velmers will be paying more than $2,800 a month—nearly $34,000 a year—for childcare for two children, more than the cost of the mortgage on their tidy ranch house in the suburbs. One year of care for their soon-to-be-born child, $1,450 a month, will be thousands of dollars more expensive than one year of in-state tuition at the University of Georgia. And they haven’t had 18 years to save up for it. Now, Micki Velmer thinks, is not the time for expensive car repairs.
[For more of this story, written by Brigid Schulte, go to http://www.theatlantic.com/edu...nomic-engine/502949/]
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