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Universal pre-K will save families $17 billion in out-of-pocket expenses

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Description:

Based on current expenditures on care for three- and four-year-old children, this brief estimates the potential savings associated with universal pre-K for different types of families. Estimates of out-of-pocket expenses for child care are based on the National Survey of Early Care and Education (NSECE) 2019 household survey. Estimates include household expenditures after deducting any subsidies a family may have received. This survey records any kind of paid care arrangement including center-based, home-based, and individual care such as care provided by a friend or family member. The brief shows average annual child care costs for households by race/ethnicity and by family type, both in absolute dollars and as a percent of average monthly income. It also highlights substantial differences by race/ethnicity and family type of the level of expenditure and access to quality care (for more detail, see Methodology notes at the end of this brief). (author abstract)

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Reports & Papers
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Country:
United States

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