Most families don't earn nearly enough to afford child care, study finds
"Child care costs are just incredibly daunting for all but the wealthiest Americans," one financial expert said.
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Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
Mary has reported on climate, housing, elections, and small businesses for The Guardian, City Limits and local publications in Brooklyn and the Bronx. She holds a master's degree from the Craig Newmark Graduate School of Journalism at CUNY and a bachelor's degree from the College of the Holy Cross.
Prior to her career in journalism, Mary spent five years working in communications.
"Child care costs are just incredibly daunting for all but the wealthiest Americans," one financial expert said.
Nearly one-third of U.S. household wealth was held by the top 1% in the third quarter of 2025.
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