Demand Congress Stop Private Equity’s Takeover of Child Care Now
When Wall Street private equity firms take over child care, children and families pay the price. Private equity’s influence in child care is leading to higher prices for families, fewer staff, and shifting the focus from quality care to profit. This financial model has no place in early childhood education.
Child care is a lifeline for working families and a foundational service to which every child deserves access. Yet, private equity firms, known for gutting other essential services to maximize short-term profits, are snapping up child care providers across the country, applying business models that prioritize cost-cutting and profit extraction over children’s well-being and safety.
Federal investment in child care should prioritize quality and accessibility, supporting community-rooted providers and small businesses with strong ties to the families they serve.
Wall Street, of course, would prefer a profit machine that hikes fees, eliminates staff positions, and compromises the care our children receive. Congress must step in with strong guardrails to ensure that the child care sector serves communities, not Wall Street.
Child care deserves investment in providers who understand children, not rich Wall Street executives who see dollar signs. Wall Street profits should have no place in our children's care.
Tell Congress: Stop Private Equity Firms from Taking Over Child Care Now!