How States Would Benefit if Congress Truly Invested in Child Care and Pre-K

Autor/inn/en	Kashen, Julie; Cai, Julie; Brown, Hayley; Fremstad, Shawn
Institution	The Century Foundation
Titel	How States Would Benefit if Congress Truly Invested in Child Care and Pre-K
Quelle	(2022), (17 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Child Care; Early Childhood Education; Preschool Education; Federal Legislation; Public Policy; Educational Policy; Economic Factors; Pandemics; COVID-19; Federal Government; Federal Aid; Investment; Economic Climate; Economic Development; Failure; Employed Parents; Taxes; Income; United States + Suchen Sie Ihr Suchwort? Kinderfürsorge; Kinderbetreuung; Early childhood; Education; Frühkindliche Bildung; Frühpädagogik; Pre-school education; Vorschulerziehung; Bundesrecht; Öffentliche Ordnung; Politics of education; Bildungspolitik; Ökonomischer Faktor; Bundesregierung; Investments; Geldanlage; Investiton; Wirtschaftslage; Wirtschaftsentwicklung; Abgabe; Einkommen; USA
Abstract	Comprehensive child care and early learning policy benefits everybody. From the benefits to the American economy and businesses, to the ways it improves healthy child development and educational outcomes, to the prospects for greater gender, racial, and economic equity, everyone in the United States has something to gain from a significant investment in these areas. This report's analysis reviews the specific ways the child care and universal pre-kindergarten (pre-K) policies that passed the House of Representatives as part of the Build Back Better Act in November 2021, and are still making their way through Congress, would generate economic activity in all fifty states and Washington, D.C. If implemented, the policies would have a tremendous positive impact on two generations of Americans--ensuring children have access to learning environments to give them a strong start in life, and supporting parents and other caregivers to pursue greater opportunities for themselves and their families. This report focuses on the shorter-term benefits to families and communities, but it is crucial to acknowledge that there are additional longer-term economic benefits for the children and communities impacted. While the pandemic shone a spotlight on the crisis and made it worse, the decades-long failure of the U.S. government to invest in a comprehensive child care and pre-K system has long depressed economic growth in the United States. This report looks at the economic gains, by state, to families, businesses, and state governments that such an investment would provide: (1) $48 billion in increases to economic output from increased parental employment; (2) $60 billion in gains in business and tax revenue from decreased child care-related disruptions; and (3) at least a $30 billion boost to the economy from the expansion of the child care sector and related indirect and induced job increases. [This report was written in collaboration with the Center for Economic and Policy Research.] (ERIC).
Anmerkungen	Century Foundation. 41 East 70th Street, New York, NY 10021. Tel: 212-535-4441; Fax: 212-879-9197; e-mail: info@tcf.org; Web site: http://www.tcf.org
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01