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1A

The Financial Burden Of Caregiving

1A

NPR

News

4.44.3K Ratings

🗓️ 13 November 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

In-home elder care costs are rising more than three times faster than inflation.

AARP estimates that caregivers in the U.S. spend an average of $7,242 out of pocket each year.

Cuts to federal spending have gutted programs that support them. And amidst the longest government shutdown in history, what little help was left is quickly drying up.

Why is the cost of care going up? What can be done to combat those costs?

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Transcript

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0:00.0

There's a battle playing out over who should control American universities.

0:04.9

We're going to bankrupt these universities.

0:07.3

In season one, we were guessing what was to come.

0:10.1

Now we know.

0:11.2

We want $500 million from Harvard.

0:13.9

It's season two of The Harvard Plan.

0:16.0

This time, it really is personal.

0:18.3

Listen to On the Media wherever you get your podcasts.

0:33.7

The challenges of caregiving a loved one can take an emotional and physical toll on those involved.

0:36.6

But there's also financial burdens that come with it too.

0:39.0

My mother is in what they call a waiver program and receives school services from the state. She had to liquidate all of her

0:46.3

assets except her house to receive these services. She's in a nursing home situation, and when she passes, the state will take her

0:57.3

house. But in the meantime, we have to maintain the house, and that means paying taxes and utilities

1:02.7

and keeping it in a reasonable condition. So the state could take it when we're done. It's pretty

1:08.9

horrible. Diana, thanks for that message.

1:11.8

AARP estimates that caregivers lose more than $43,000 in income as a result of the demands of

1:18.2

caretaking. They also spend an average of $7,242 out of pocket each year, and those costs are rising.

1:26.6

In-home care alone is rising more than three times

1:29.3

faster than inflation. That's according to new reporting for Maxios. Why is the cost of care going up?

1:36.0

And what can you do to manage it? We get to those questions and so much more after this short break.

1:41.1

I'm Jen White. You're listening to the 1A podcast. Back with more in just a moment. Stay with us.

1:51.4

Joining us for this discussion is Emily Peck. She's a national correspondent at Axios. She writes about

...

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