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The Financial Impact of COVID Licensing Standards on New Jersey Child Care Providers

October 19, 2020 Childcare
Karin Garver

Introduction Child care providers navigate a challenging and competitive industry, where the substantial cost of providing safe, quality care for children meeting all state standards has to be balanced against families’ ability and willingness to pay for care. Operating a business where narrow profit margins can turn into significant deficits from one week to the…