Financing & Financial Incentives
Quality Rating and Improvement Systems are evolving rapidly. As part of BUILD's effort to support QRIS to reform and strengthen early learning systems, we have created a suite of 5 resources, dubbed QRIS 3.0:
High-Quality Early Learning Settings Depend on a High-Quality Workforce: Low Compensation Undermines Quality
Preschool teachers often earn barely more than half of the wages earned by kindergarten teachers and elementary school teachers according to a new joint report from the U.S. Departments of Education (ED), and Health and Human Services (HHS).
Assessing the Implementation and Cost of High Quality Early Care and Education: A Review of the Literature
This report summarizes findings of a literature review and research syntheses in three areas — implementation science, early care and education quality, and costs. The goal of this effort was to create a draft conceptual framework to guide development of measures for the implementation and costs of early care and education in center-based settings that serve children from birth to age 5.
CEELO released this paper which provides policymakers with a review of published research on early childhood (ECE) workforce education and credentials as well as on the current status of ECE wages, recruitment and retention challenges, and promising practices. It summarizes trends in state requirements regarding ECE teachers with bachelor’s degrees and specialized certification, licensure, or endorsements of pre-K teachers.
The recently released report, A Guide to Evaluating Pay for Success Programs and Social Impact Bonds, provides analysis of Pay for Success (PFS) and Social Impact Bonds (SIBs) and raises questions for lawmakers and communities considering PFS and SIBs as an alternative to public financing of services.
Recent changes to the Child Care and Development Fund (CCDF) require a State’s child care market price survey to:
- be statistically valid and reliable; and
- reflect variations in the cost of child care services by geographic area, type of provider, and age of child.
States may use an alternative methodology for setting payment rates, such as a cost estimation model, to take into account the cost of meeting quality requirements.
This annotated bibliography identifies selected resources on using tax policy, especially refundable tax credits, as a financing strategy for early childhood programs.
Based on strong interest from Race to the Top – Early Learning Challenge grantees in the financing aspect of sustainability, the Early Learning Challenge Technical Assistance program worked collaboratively with other TA partners to compile a Summary of Resources on Sustaining Early Care and Education Financing.
What does recent research say about child care subsidies? To answer that question for state administrators, program developers, and policymakers looking for a base of knowledge on subsidy policies, this literature review contains:
• Descriptive information about subsidy use;
• A review of the association between receiving a subsidy and parents' choice of high quality care or continuity of care with subsidized arrangements; and
This toolkit is designed to provide state advocates and policymakers with strategies, tools, resources and options to make policy choices that facilitate the blending and braiding of funding streams to improve access to and length of children’s participation in full-workday, full-year, high-quality early learning programs that benefit vulnerable young children and working families.