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Equity in early education: An economic interpretation

Equity in early education: An economic interpretation. Clive Belfield Queens College, City University of New York belfield@qc.edu. Investing in early education.

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Equity in early education: An economic interpretation

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  1. Equity in early education:An economic interpretation Clive Belfield Queens College, City University of New York belfield@qc.edu

  2. Investing in early education • The ‘multiplier’: Spending on roads generates further spending by construction workers, generates further spending by donut suppliers… • Argument is strongest when each spender: • Spends quickly • Spends it all • Spends on local goods • Each applies to ECE: start-up now at low-scale, low-paid workers, local workers

  3. Intergenerational inequity Percent below the federal poverty line: Children under 5 21% Families: children under 6 19% with at least one worker 14% with two workers 4% Aged over 65 10%

  4. The cost of equity Annual cost of Kagan’s 13 recommendations ~= $7 billion Context: CCDB grant = $4 billion State ECE spending = $4 billion Head Start spending = $7 billion

  5. Chump change Federal Medicare spending $701 billion Dept. of Defense $480 billion GWOT $140 billion Dept. Homeland Security $43 billion

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