Daycare costs top college tuition in NY

- A new study claims that it is now more expensive to put a baby in daycare or pay for preschool in New York than pay for in-state tuition at a four year state college.

The Economic Policy Institute, a left-leaning policy group, just released the data.

It claims that child care for a 4-year-old in the state costs $11,700 a year while care for an infant costs $14,144.  The group pegs the average yearly college tuition costs at $6,892.

The group claims that infant care costs just 5.9% less than the average rent and takes up to 21.2% of a typical family's income in the state.

The group says it's even worse news if the family has two children.  17.5% of a typical family of four's income would go to child care.  That is the highest of any state.

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