According to the research by Pregnant Then Screwed, in partnership with Women in Data, there has been a sharp increase in childcare debts held by parents of children under the age five.
The State of the Nation 2024 report is based on a survey of 35,800 parents, of which Women in Data extracted a nationally representative sample of respondents, totalling 5,870.
Forty-six per cent of those surveyed admitted they have accrued debt or had to withdraw money from their savings to pay for childcare – a 30 per cent increase on last year.
One in five parents with a child under five had to withdraw money from their savings and pension to pay their childcare bill, and 37 per cent said they had to use credit cards, take out a loan or borrow money from family or friends. The figures rise ‘sharply’ for single parents.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
