Photo: Courtesy of Senator Susan Moran
BOSTON (WBZ NewsRadio) — Massachusetts state senators passed a bill Thursday to lower the cost of childcare around the Commonwealth, according to a press release.
The Early Ed Act would cap childcare costs for people receiving subsidies at seven percent of a family's income and would raise the income threshold to apply for aid.
“This is a generational investment in residents that have been saddled by student loan debt, skyrocketing home prices, and the highest childcare costs in the country,” Senator Susan Moran said in the press release.
Read More: Early Education Bill Would Shift Costs From Families To State
The Early Ed Act would allow families making less than 85 percent of the state's median annual household income to qualify for childcare subsidies.
Educators and childcare services around the state would also receive funding.
The act would make Commonwealth Cares for Children, or C3, grants permanent for childcare facilities. It would also offer scholarships and loan forgiveness for teachers.
After passing in the senate, the bill will soon be up for vote in the state's house of representatives.
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