Central Penn Business Journal: Study: Expanding pre-K in Pa. could generate $800M in spending
“Statewide, the study says, investing about $700 million in expanding pre-K to all children whose families earn less than 300 percent of the federal poverty level would reach more than 88,000 children, generate an additional $550 million in total new economic activity in Pennsylvania businesses and create more than 19,000 new jobs, including 3,800 jobs outside the early-learning sector.
Expanding access to all children regardless of income, the report says, would require an estimated additional public investment of $326 million to enroll another 80,000 children, and would support an additional $255 million in spending and 8,900 jobs, including more than 1,700 outside the early-learning sector.
In the Lancaster-York region, the study says, a $90 million investment would generate $161 million in new spending, including $71 million outside of the early education sector — $16 million in services, $12 million in real estate and construction, $13 million in insurance and finance, and $9 million in retail and wholesale trade.”
Read the full story here.
