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Transforming the financing of early care and education

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Description:
The committee's report on financing early care and education has been organized into seven chapters. Following this introduction, Chapter 2 describes the landscape of the current financing system and estimates the total funds currently invested in early care and education in the United States. Chapters 3, 4, and 5 analyze the current financing of early care and education using the principles described above. Chapter 3 focuses on financing a highly qualified workforce, Chapter 4 focuses on financing for early care and education that is accessible and affordable for all families, and Chapter 5 assesses financing for incentivizing quality. Chapter 6 reviews the cost drivers of high-quality early care and education and uses a hypothetical estimate of the costs of a high-quality ECE system to illustrate the factors that inform options and the choices that are likely to require decision. That chapter also summarizes the relevant considerations necessary to produce such a cost estimation for a real-world option. Chapter 7 builds upon lessons learned from states and localities, from international early care and education, and from sectors other than early care and education, in order to make recommendations for a new future in financing early care and education in the United States. (author abstract)
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