Childcare costs can be more than seven times the recommended average for families in the United States. Lea Austin, Executive Director of the Center for the Study of Childcare Employment at UC Berkeley, explains how childcare can cost nearly $25,000 a year for some parents. Mandy Kimble, Director of Public Policy at Children at Risk, shares why those of us without children should be more concerned. According to their report, Building Brains & Economies, the lack of affordable child care forces many families to reduce hours or drop out of the workforce, which results in an estimated $8.3 billion annually in lost wages.