Christine Quinn pitches child care plan

Some day care centers can cost as much as $2,500 per month in New York City.

For many New York parents, paying for child care can cost more than their rent — and sometimes even more than their salary.

In her State of the City speech Thursday, Council Speaker Christine Quinn acknowledged city parents need help, and outlined a new plan for middle-class families.

Low-income families are eligible for subsidized child care from the city, Quinn said. But for families earning between roughly $40,000 and $111,000 a year, who are ineligible for public subsidies, Quinn promised a new program, the first of its kind in the nation.

For those families, the city will pay for half of the cost of child care as a loan, and families would eventually pay it back over time. The speaker’s office estimates that families would have about four years to pay back a loan at about a 5 or 6 percent interest rate.

“Child care can be a daunting expense for new parents,” Quinn said. “There’s a group that’s been left out of the conversation altogether — middle-income families who can’t afford to pay for child care out of pocket, but make too much to qualify for subsidized programs.”

New York City would be the first in the U.S. to have such a program, she said.

Quinn estimated that child care averages $13,000 each year in New York. Betty Holcomb, policy director at the Center for Children’s Initiatives, agreed.

“That’s more than college at a public university,” she said. “It’s often for families as much, or more, than what rent or mortgage is in the family budget. It’s a huge expense.”

But some parents say $13,000 is a low estimate. Carroll Gardens mom Courtney Cosentino, 32, found that a full-time nanny would cost about $2,600 per month, plus the nanny’s MetroCard and paying for the kids’ activities. When she crunched the numbers, she found the expense came out to more than $32,000 per year.

One day care center they visited wanted $2,500 per month, she said.

“The nanny was adding up to more than our rent,” she said. “It’s a really difficult situation.”

Cost of child care

The average family spends up to $16,250 each year for an infant, $11,648 for a toddler and $9,620 for a school-age child, according to Quinn’s office.
   
According to September 2011 estimates from the New York State Office of Children and Family Services, day care in New York City cost an average of $330 each week for children under 1 and a half years old.
   
For children aged 1 and a half to 2 years old, the weekly cost was $255; for children 3 to 5 years old, $217; and for children 6 to 12 years old, $210.
   
Sen. Kirsten Gillibrand estimates that child care in New York City is increasing $1,612 each year.



News
Entertainment
Sports
Lifestyle
Local

Brooklyn man charged in roommate's stabbing death

A Brooklyn man accused of violently stabbing his roommate to death on Monday is in police custody and faces murder charges.

International

Dinosaurs could have survived asteroid strike

It turns out there is a good and a bad time for the planet to be hit by a meteor, and dinosaurs were just unlucky.…

National

OkCupid admits to Facebook-style experimenting on customers

By Sarah McBrideSAN FRANCISCO (Reuters) - OkCupid, a top U.S. matchmaking website, intentionally mismatched users to test its technology, the IAC/InterActive Corp service said on…

Local

MTA fares still increasing 4 percent in newly…

The agency said the 4 percent increases, previously announced in December, will remain steady even as the MTA deals with increasing labor costs.

Movies

Interview: Brendan Gleeson on the way 'Calvary' depicts…

Brendan Gleeson talks about how his new film "Calvary" began over drinks and how his character here is the opposite of the lead in "The Guard."

Movies

'Get on Up' producer Mick Jagger on the…

Mick Jagger, a producer on the James Brown biopic "Get on Up," talks about the time had to tell the singer some bad news and his favorite JB record.

Television

'Glee' star Lea Michele to appear on 'Sons…

"Glee" star Lea Michele has been confirmed as a guest star in the final season of "Sons of Anarchy."

Television

TV watch list, Monday, July 28: 'The Bachelorette'…

See Andi Dorfman make her big choice on tonight's 'Bachelorette' finale.

MLB

Angelo Cataldi: Ryan Howard deserves better from Phillies

Just last week, Ryan Howard endured the embarrassment of a benching that was inevitable, and yet still shocking.

NFL

Larry Donnell has inside track in Giants tight…

Little-known Larry Donnell of Grambling State currently has the inside track, as the second-year player has received the bulk of the first-team reps.

NFL

Computer to Jets: Start Michael Vick over Geno…

Jets general manager John Idzik says the choice of who starts between second-year quarterback Geno Smith and veteran Michael Vick will be a “Jets decision.”

MLB

Yankees looking to trade for Josh Willingham: Report

CBS Sports’ Jon Heyman reported Sunday the Yankees are interested in Twins outfielder Josh Willingham.

Travel

Glasgow: Hey, hey, the gangs aren't here

This European city has done a good job getting rid of its more violent residents and revitalizing with artists.

Education

Babson College tops list of best colleges for…

Money magazine has just released its inaugural list of "The Best Colleges for Your Money" -- and the answers have surprised many. Babson College, which…

Education

NYC teens learn how to develop apps during…

Through a program sponsored by CampInteractive, the high schoolers designed their own community-focused apps.

Tech

The Ministry of Silly Walks app is both…

Monty Python have dug into their back catalogue for cash-ins once more, but with the Ministry of Silly Walks app, they've made something that's fun too.