How to Make Smart Investments in the Early Care and Education System

The BPC has penned an article on various ways we can invest in child care systems to build and repair the ECE sector in the US. See the excerpt below-

“The child care system in the US is in a precarious position. The demand for child care greatly outpaces the supply, creating a significant gap in the availability of high-quality and affordable options for parents. Child care often costs more than parents can afford, so to fill capacity, many programs charge tuition based on what parents can pay—not on the true cost of providing high-quality services. And because providing care for infants and toddlers requires more adult staff, it is more expensive to offer and more costly for parents.

Businesses help offset the losses from operating infant and toddler classrooms by serving more preschool aged children. This means that many providers have more space for preschool children and less space for infants or toddlers. With a federal push for universal free, Pre-K for three- and four-year-olds, many parents might be drawn to a Pre-K program which in turn may cause child care providers to close their doors because they simply cannot make ends meet with income from infants and toddlers only.”

For the full read, click here.

Article originally published on May 10, 2021.

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