Childtime
Childcare & EducationHigh yield · S&P B-
Credit rating · Learning Care GroupB- High yield
AAAAAABBBBBBCCCD
Investment gradeHigh yield
S&P Global, as of Downgraded Dec. 8, 2025; outlook revised to negative June 5, 2026 · Outlook negative. Source: S&P Global Ratings research update
FoundedNot verifiedNo verified source
EmployeesNot verifiedNo verified source
Locations198July 2002; source: Nobel Learning / Childtime SEC exhibit, Tutor Time acquisition (company-owned plus franchised centers)
HeadquartersNovi, MichiganChildcare & Education
New Initiatives
How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.
Parent Learning Care Group announced leadership changes tied to continued multi-brand school growth, including Tutor Time.
Source: Learning Care Group
Tutor Time is one of the early education brands of Learning Care Group, a privately held operator of child care centers and schools in the United States. Ratings shown are for the parent company.
Store count
Store count history unavailable from a verified source.
What’s changing
S&P revised its outlook on Learning Care Group to negative, following a downgrade to B- in December 2025. Source: S&P Global Ratings
SEC Filings
Private company, no public SEC filings. Learning Care Group (private) does not file annual reports with the SEC.
Credit ratings
| Agency | Rating | Outlook | As of | Source |
|---|---|---|---|---|
| S&P Global | B- | Negative | Downgraded Dec. 8, 2025; outlook revised to negative June 5, 2026 | S&P Global Ratings research update |
| Moody’s | Unavailable | Not verified | Not verified |
Bond market context
| Issuer bond yield | Unavailable. No free, licensed source for individual bond yields. |
|---|---|
| B index effective yield | 8.25% (Nov. 6, 2026; ICE BofA Single-B US High Yield Index) |
| B index spread (OAS) | 361 bps over Treasuries; 328 bps a year earlier (FRED) |
| 10-year Treasury | 4.88% (Nov. 9, 2026) |
The index row shows the yield on single-B-rated U.S. corporate bonds as a group, the closest free benchmark for this rating category. It is not the yield on this company’s own bonds.
Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.
Childcare & Education
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