When making a decision about the early education of their child, parents have two main options to choose from: enrolling their child in a preschool or a daycare center. These days, the two actually have a lot in common, including being licensed by the same state agencies. Contrary to a common perception, many quality daycare centers also offer educational and extracurricular activities that mirror those in a good preschool, and while daycares tend to be somewhat less expensive, the gap in the cost of child care is not always significant. Some preschools will also offer daycare services before and after the "official" school day, or even all-day care for infants and toddlers, giving parents the benefits of both worlds. Nevertheless, there are some other key differences between daycare and preschool that parents should consider. First, preschools will generally follow a schedule similar to grade schools, opening later and closing earlier than daycare centers. Preschools will also be closed on school holidays and breaks, making them less convenient options for parents with demanding work schedules. Preschool programs typically won't accept infants or young toddlers, usually will have a potty training requirement, and will almost always separate preschoolers by age group (except in some educational...