Investment in Family Child Care Training Program Boosts Local Economy; Innovative Solution to Jobs Crisis Demonstrates Potential for Replication Statewide
University of Connecticut Study Shows that Every $1 Spent on Program Yields $15-20 for the Greater New Haven Region
(New Haven, CT) – A new study, conducted by the University of Connecticut Center for Economic Analysis and commissioned by the Annie E. Casey Foundation, the William Caspar Graustein Memorial Fund, and the Community Fund for Women & Girls at the Community Foundation of Greater New Haven, confirms that for every $1 spent on a local family child care training program, $15-20 are returned to the greater New Haven region in terms of gross regional product (GRP).
The groundbreaking program, implemented by the New Haven-based nonprofit All Our Kin, trains low-income family child care providers, helping them become licensed and empowering them with the resources and tools they need to run a successful business. The study demonstrates that:
- Sixty-six percent of child care providers who became licensed through the program earned a higher income.
- Sixty percent of providers earned $5,000 more the first year after licensure and 45 percent of providers earned at least $10,000 more the second year.
- The average income of program graduates was $23,000 per year, 10.4 percent higher than the regional average.
By increasing the availability of flexible, affordable, high-quality child care, the program also enables more low-income parents to work; the study estimates that for every child care provider licensed through the program, four to five parents entered the workforce.
Between 2006 and 2009, the program generated $18.4 million in additional tax revenue and $15.2 million in gross regional product (GRP) – for New Haven alone. All Our Kin plans to replicate the program in Bridgeport and Norwalk, and hopes that the results of this study encourages others to invest in family child care providers as a way to provide children with a better educational foundation, enable more low-income parents to work, and improve the state’s economy.
“This study underscores the social benefits of investing in family child care providers, who provide the majority of care for Connecticut’s most vulnerable infants and toddlers,” said Jessica Sager, co-founder and executive director of All Our Kin. “In this difficult economy, investments in child care provide a solution that reaps benefits well beyond the individual women trained.”
To obtain a copy of the report, email email@example.com
Contact: Jessica Sager – firstname.lastname@example.org, 203.772.2294
About All Our Kin
All Our Kin’s mission is to educate and empower parents and teachers, give families child care choices, and expand access to high-quality early care and education.