pediatrician? like kids? how about daycare....

[YouDontKnowJack]

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I was just daydreaming, and I thought, why go through all the bullshet of med school if you want to work with kids.

pediatricians earn what, $150000 yearly?

If you run a day care center and cap the enrollment at 30 kids, charge $500/kid/month, that's $180000 yearly take home pay, if cash-based. I'm sure all the working moms would appreciate it. Plus they'd learn the alphabet and basic arithmetic.

beats pediatricians, if you ask me...

If medicine doesn't work out, this is what i'm gonna do. Or maybe my wife can do this.

 

[redgrover]

No expenses? No additional help? I just don't see many daycare workers bringing home the scrap you claim.

 

[YouDontKnowJack]

I figure if public school teachers can singlehandedly handle 30 kids, then 30 is the magic number.

my preschool teacher opened her own montesorri school in my town, and she's doing quite well. she only has 2 other helping hands.

of course, there are start up costs. she bought a house, and turned it into a small school. But i don't see how that's much different from startup costs of running your own doctor's office......

 

[redgrover]

You are making me want to drop med school and just do daycare. Heh. No seriously. Why the crap am I studying biochemistry (barf) when I could be cleaning up the real thing? At least once you clean that up, it's gone. 🙁

Not that I think this dream is a reality, but man, it sounds nice. 😉

 

[ms1finally]

Ha! Daycare workers taking home 180K a year? You didn't include any expenditures whatsoever in your calculations!

Day care workers salaries average low 20s, from what I understand. Obviously you are talking about a slightly different role, but if day care were a big money business, you can bet that it would be trickling down to the employees a bit more! And there are TONS of costs involved in day care. Additional staff, facilities, food for the kids (many provide snacks, some provide lunch to avoid the food allergy problems).

Handling 30 5 year-olds is VERY VERY different from handling 30 3-4 year-olds. 5 year-olds can wipe their own a$$es, many 3-4 year-olds can not. At mealtimes, everyon needs their food cut up for them (in a very specific way, or screaming ensues). Teachers who have a class size of 30 have a lot more structure built into their day (and think about all the staff support at a school). No parent I have EVER babysat for would leave their child in a day care setting with a 30 to 1 ratio.

I'm sorry, but how much of a ***** can you be???

On another note, you are probably a big part of the reason pediatricians sometimes get a bad rap for being out of touch. You clearly have not interacted with a child under the age of 5 in any meaningful capacity!!!

 

[JakeHarley]

$180,000 minus:

-Wages/benefits for 6-10 employees (most states have laws regulating the worker:child ratio at daycares. I think its usually around 5 or 6 kids per person max.) That's going to cost you 6 x 20,000=$120,000 roughly

-Electricity, water, materials, and other overhead: easily 2k x 12months= ~$24,000

That leaves you with $36k, not much money for all the work you are going to put in hiring/training/firing your typical High School educated daycare worker, dealing with parents, doing all the administrative work, and listening to 30 screaming kids everyday.

Oh yeah, I forgot that you are going to have to do your taxes, pay property tax or lease on your space, etc. etc. etc.








You must be kidding? 😀

 

[YouDontKnowJack]

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[YouDontKnowJack]

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[YouDontKnowJack]

I was in daycare for several years when i was a tot. I remember how things were. Have I not interacted with little kids? I was there at ground zero! And I've seen how my preschool teacher runs her own preschool now.

clearly day care is a big business.

we've had many day care center pop up in our town. and that's including day care for seniors.

the daycare i had when i was a tot didn't provide snacks. we brought our own if we wanted. I don't see how there are tons of daily costs involved, You have your stationery for arts and crafts, and that's about it.

 

[BooMed]

Oh my gosh, running a day care is one of the worst jobs there is! Those people don't get paid anything. Unless you're talking about some kind of fancy rich kid daycare, I really don't think you should go down that route...

 

[YouDontKnowJack]

You must be kidding? 😀

no. i'm just dreaming. didn't I already say that?

of course, $500/month sounds a little low, doesn't it?

that's only $22/weekday.

What's the going rate for daycare these days? If it's $50/day, then the before-tax-expense amount would be ~$400,000 yearly.


A quick google search turns up:
3 years 12:1 NR
4 years 12:1 NR

for this age group, the student/teacher ratio is 12:1.

 

[oudoc08]

I was in daycare for several years when i was a tot. I remember how things were. Have I not interacted with little kids? I was there at ground zero! And I've seen how my preschool teacher runs her own preschool now.

clearly day care is a big business.

we've had many day care center pop up in our town. and that's including day care for seniors.

the daycare i had when i was a tot didn't provide snacks. we brought our own if we wanted. I don't see how there are tons of daily costs involved, You have your stationery for arts and crafts, and that's about it.

You obviously don't have kids. I have two, and would never pay 500.00/mo for a day care w/ no food, a bit of arts/crafts and a 30:1 ratio.

But it doesn't matter, state law won't allow you to do it anyways. Our friends have a daycare, and the inspections are crazy. They have to have very specific nutritional programs, teacher:student ratio's based upon child ages, and stuff you would never think about.

This idiotic proposal is equivalent to a pre-med saying, "Why pay all the costs for a private practice? All you have to do is rent a little office for a few hundred bucks a month, and get a bunch of folding chairs for people to sit in. You won't need a clerk, just one of those little "ring for service" bells. Billing people? Who needs 'em. Just get some envelopes and a computer program to print out bills. A nurse? All they do is take blood pressures, I can do that.
Let's see. At a hundred bucks a visit, and 4 patients an hour, I can work 10 hrs a day, 5 days a week. That comes to a little over a million bucks a year, no nights, weekends!!! All these other pediatricians must be stupid for not keying in on my master plan!!! Muhahahahahaha!

 

[oudoc08]

no. i'm just dreaming. didn't I already say that?

of course, $500/month sounds a little low, doesn't it?

that's only $22/weekday.

What's the going rate for daycare these days? If it's $50/day, then the before-tax-expense amount would be ~$400,000 yearly.


A quick google search turns up:
3 years 12:1 NR
4 years 12:1 NR

for this age group, the student/teacher ratio is 12:1.

I live in a rich, snotty suburb, and our kids go to one of the nicest daycare/schools around. We pay about 450.00/month each, so
about $21/weekday each.

$50/day? You gotta be kidding me. Who could afford a thousand bucks a kid/month?

 

[YouDontKnowJack]

$50/day? You gotta be kidding me. Who could afford a thousand bucks a kid/month?

afford? rich people like you...

it all depends on the location.

You're saying you can't spare more than $20/day when your hourly salary is more than that? people in some states are paying $12000-14000 yearly.

 

[unoriginal]

I was just daydreaming, and I thought, why go through all the bullshet of med school if you want to work with kids.

pediatricians earn what, $150000 yearly?

If you run a day care center and cap the enrollment at 30 kids, charge $500/kid/month, that's $180000 yearly take home pay, if cash-based. I'm sure all the working moms would appreciate it. Plus they'd learn the alphabet and basic arithmetic.

beats pediatricians, if you ask me...

If medicine doesn't work out, this is what i'm gonna do. Or maybe my wife can do this.

the law limits the number of children per adult. here in MI, it is like 5-6 kids per adult. my cousin runs a daycare.... believe me, she does not make that much... probably around 20k like someone else stated.

 

[JakeHarley]

no. i'm just dreaming. didn't I already say that?

of course, $500/month sounds a little low, doesn't it?

that's only $22/weekday.

What's the going rate for daycare these days? If it's $50/day, then the before-tax-expense amount would be ~$400,000 yearly.


A quick google search turns up:
3 years 12:1 NR
4 years 12:1 NR

for this age group, the student/teacher ratio is 12:1.

You are somewhat right actually, I just asked the GF who used to work at the Children's Hospital daycare here in Seattle...10:1 was their limit for 3-5yo, 8:1 for toddlers, 4:1 for infants. Parents (mostly physicians) paid ~$1000/mo per child, so for 30 kids that would be around $360,000/yr.

I still don't think it'd be a fun or lucrative career though. Those people were miserable all the time, lots of tiresome in-fighting, gossip, and general bitchy-ness. Kind of like nursing.

j/k 😀

 

[YouDontKnowJack]

oh well. back to the drawing board to come up with a Plan "B" to conquer the world.

 

[ms1finally]

no. i'm just dreaming. didn't I already say that?

of course, $500/month sounds a little low, doesn't it?

that's only $22/weekday.

What's the going rate for daycare these days? If it's $50/day, then the before-tax-expense amount would be ~$400,000 yearly.


A quick google search turns up:
3 years 12:1 NR
4 years 12:1 NR

for this age group, the student/teacher ratio is 12:1.

You forget, those age groups are usually enrolled in pre-school, not daycare - which is a whole different ballgame.

 

[Labslave]

The figures you guys are throwing around are INSANE. My mother has had a daycare buisness for two decades and has yet to pull in more than $40,000/year.

1) The insurance is rediculously expensive (think of the possibilities...SIDs, etc.).

2) The going rate for childcare depends on the age of the child (the younger the child, the more expensive), and as previously mentioned, there are limits to the number of toddlers/babies/older children a daycare provider can watch at a time. The rates my mother charges in your average suburb in Maryland?
Children < 2: $30/day ($150/week)
Children > 2: $26/day ($130/week)

3) Most daycare providers charge by the day, not the week or month. If you enroll some kids three days per week instead of five, you have to eat two days of salary per week for that child (and they still take up a spot for your quota!).

I could go on and on, but it's really not that lucrative.

 

[boilerbeast]

I pay $25/day for my dog to go to dog daycare! Kids are a steal!

 

[fun8stuff]

I pay $25/day for my dog to go to dog daycare! Kids are a steal!

that must be one heck of a daycare... sounds like a rip off to me!

 

[little_late_MD]

I pay $25/day for my dog to go to dog daycare! Kids are a steal!

A fool and his money are soon parted.