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The child care sector is plagued by market failures. It’s too expensive for families, who often spend more on child care than on their rent or mortgage, but at the same time the profit margins are too low for providers to pay an attractive wage.

These kinds of constraints in the sector indicate a need for government support, but right now, state spending on child care is far too low to meet the needs of families and our economy, which relies on workers having affordable, high-quality care for their children. Our state spending on care and early education is lowest for our youngest children despite these early years being some of the most critical for their development.

Read more at Michigan Advance.

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