“The Costs of Disinvestment” shows that cutting early childhood programs can worsen fiscal problems | “The Costs of Disinvestment” shows that cutting early childhood programs can worsen fiscal problems |
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A report released last week by Pew's Partnership for America’s Economic Success provides evidence for why states cannot afford to cut early childhood programs whose demonstrated benefits reduce taxpayer costs in the short term and generate more revenue in the future. "The Costs of Disinvestment" shows that investments in effective pre-kindergarten and home visiting programs are fundamental to achieving a globally competitive workforce and fiscal sustainability for states and the nation.
“Reducing budgets for proven early childhood policies means health, education and social services costs will rise,” said Sara Watson, the Partnership’s director and senior officer at the Pew Center on The States. “The fiscally wise choice is to maintain quality home visiting and pre-k investments. These policies are steps toward short-term savings for states and produce high rates of return on each public dollar by stimulating consumer and business spending.” Comments (0)
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