When school lets out for the summer, many parents face a challenge that goes far beyond planning family vacations. Finding affordable childcare has become increasingly difficult, and new data suggests the problem is reaching a breaking point. A recent LendingTree survey found that 66% of parents who require summer childcare struggle to afford it, with families spending nearly $900 per child on summer care and activities. As summer childcare costs continue to rise, parents across the country are making difficult financial decisions to keep their children safe, supervised, and engaged. For many households, summer break now comes with significant financial stress.
