Parents are sweating this summer, and it's not just the heat.
Julie Kelley tells CNBC that she’s sending her kid to seven camps in three states. Why? It's cheaper than one full-time camp near home.
Some families are spending a fifth of their income on childcare. That's $800 a month!
Summer camps? They're not cheap. Day camps average $87 a day. Sleepaway? Try $173.
For many, it's too much. 40% of parents say they can't afford camps due to rising costs.
Some parents are getting creative. Margaret McGriff brings her daughter to work. Natasha Brown's keeping six kids home, saving for a fall vacation instead.
Tom Rosenberg, leads the American Camp Association, he told CBS news that inflation is causing higher prices.
He said "Every cost of business that camps have across the board really have gone up substantially,”
Other parents’ are applying for financial aid or even camp scholarships.
It's tough out there. As one mom put it, "Summer shouldn't feel this hard."
So, what's your take? Are summer camps worth the cost? Or are there better options?
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