A Vision for Transforming the Financing of Early Care and Education

A Vision for Transforming the Financing of Early Care and Education

Foundation for Child Development (July 2018)

A new 2018 report, Transforming the Financing of Early Care and Education, by the National Academies of Sciences, Engineering, and Medicine (NASEM), outlines a funding strategy that will provide reliable, accessible high-quality ECE for young children from birth to kindergarten entry. The report estimates that the total annual cost of providing high-quality ECE from both public and private funding is $140 billion, and provides a phased-in approach to a transition towards a fully implemented new financing structure.

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