Report: Economic Impact of Pre-K in PA

Report: Economic Impact of Pre-K in PA

On April 24, Pre-K for PA released a report, Strengthening Pennsylvania Businesses through Investments in Pre-Kindergarten, issued by ReadyNation/ America’s Edge on its behalf. The report examines the economic benefits of pre-k investments in eight regions across the commonwealth and concludes “few investments make as much sense for Pennsylvania businesses’ balance sheets as do investments in high-quality early education.”

Every dollar Pennsylvania invests in quality pre-kindergarten programs generates $1.79 in new spending in the commonwealth, helping local businesses and creating jobs, according to a new economic impact study from a national business leaders’ organization.

ReadyNation/America’s Edge estimates that if Pennsylvania funded pre-k for all 3- and 4-year olds, that investment would generate $800 million in additional goods and services and create nearly 28,000 jobs statewide. At the same time, high-quality pre-k helps build the future workforce and foster long-term economic security. 

 

Download the full report (PDF): report   Download the regional briefs:

1 Comment

  1. In order to give a complete picture, the cost of implementing this should be communicated.

    Reply

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