Do daycare centers ever reduce their prices?

s_angel

I guess this could be a dumb question since wages can't really be cut since childcare workers aren't paid thay well to begin with but what about those that make a hefty profit? what if everyone starts pullin their kids out because they're unemployed?

stacynikki

THat would be the day. Our already expensive daycare raised their rates $25 a month!!!!  I was shocked given the economy right now.

xbrooklyngrl

Not mine, they've raised it every year.

ccm1203

I doubt it but I some will probably loosen their stance on full -time / part time and the rates they charged. 

rebs

I don't know about where you live, but I would never say that the centers in my area are making a 'hefty profit'. 

 

hopefulmom

I am sure there are some that make a hefty profit...especially when they have kids that come part-time and fill the openings with other part-time kids...but what they collect is well over what they make for a full-time kid.  KWIM?  I do think they will start being more flexible with part-time and also with their paid vacations, etc.  There are companies (larger companies) that are not offering paid vacations.  the economy sucks.

cbidt*sgirl

most centers don't make a hefty profit, even with part-time kids.  my son goes part-time, we pay slightly more for 2 days than we would pay for 2 days if he were there full-time but it really only accounts for few hundred bucks to the center.

 our center has a co-op board, so parents sit in on budget meetings etc.  with the economy in tough shape centers are loosing money when parents pull their kids out of care when they lose jobs.  our center if freaking out about being able to pay the teachers.

mgfit1

I guess they would lay staff members off and have less rooms going.  Our daycare does offer at 5% discount for paying the whole month in advance.  They always offered this...nothing to with the economy.