'Private equity has no place in ECE. It must be a public good, like K-12 schooling, but with robust options including family child care and strong family leave policies.'
or struggling to stay open last year and appealing to the Democratic Party to pass far-reaching aid for the industry and families as part of the Build Back Better Act, a coalition of deep-pocketed nationwide chains was working to ensure the families they serve would not benefit from the legislation, fearing reduced profits.
Journalist Katherine Goldstein tweeted that the consortium's ability to lobby lawmakers showed that parents and caregivers need groups representing them on Capitol Hill as well. Chad Dunkley, who co-chairs the consortium's board and runs New Horizon Academy, a chain with locations in five states, told thethat the group"got nervous," while executive director Radha Mohan said the legislation was based on"an incomplete cost analysis" and would offer benefits to families with higher incomes than the consortium recommended.
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