“Investing in Kids” Issue Brief

Wednesday, July 27th, 2011 | Author: Tracy

The Partnership for America’s Economic Success, a project of the Pew Center on the States, has written a short issue brief summarizing Tim Bartik’s book “Investing in Kids”.

Here’s what Michael Mandel, former Chief Economist at Business Week had to say about the book.

“Bartik’s new book is a comprehensive and compelling argument for a one-two economic devellopment punch: how state and local governments need to combine both tax incentives for businesses and investment in early childhood education.”

Download the issue brief.

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The Business Imperative for Improving Early Childhood Education

Wednesday, March 30th, 2011 | Author: Smart Start

Early in March 2011, business leaders gathered in Washington, DC to discuss how investing in young children today is a sound economic decision that provides up to 10 percent return on investment and is critical for keeping America competitive. The panelists included

  • Rob Grunewald, associate economist at the Federal Reserve Bank of Minneapolis. He conducts economic research and is the author of “Early Childhood Development: Economic Development with a High Public Return.”
  • Al Stroucken, Chairman and CEO of Owens-Illinois, Inc., the world’s leading glass container manufacturer with more than 22,000 employees in 21 countries. The $7.1 billion company is headquartered in Perrysburg, Ohio. In addition to his leadership on behalf of Owens-Illinois, Inc., Mr. Stroucken has a longstanding commitment to the United Way.
  • Lloyd Lamm, the regional banking executive for the Capital Region of First National Bank, headquartered in western Pennsylvania. Mr. Lamm is a member of Pennsylvania’s Early Learning Investment Commission, whose mission is to secure support for public investment in early learning by focusing on practices that are educationally, economically, and scientifically sound.
 
Watch the event online. It was co-sponsored by the Committee for Economic Development, the Manufacturing Institute, and the Partnership for America’s Economic Success. It was moderated by Harriet Dichter, National Director, First Five Years Fund.
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Early Learning Matters! Watch the Video

Wednesday, March 30th, 2011 | Author: Smart Start

The First Five Years Fund has developed an amazing video that addresses the importance of early childhood education. It’s worth watching!

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NC Businesses Step Forward to Protect Early Childhood Education

Thursday, March 24th, 2011 | Author: Smart Start

As state lawmakers try to make up for the budget shortfall, some North Carolina business leaders say early-childhood education programs are integral to the success of their business.

More than 50 business leaders joined former Gov. Jim Hunt this week to take that message to legislators who are considering cutting or eliminating programs such as Smart Start. That program provides education and support for children age birth to 5 years and their parents.

Todd Hildebran, a Republican who owns Hildebran Management Consulting, says he’d rather make an investment in the lives of children from their beginning.

“I see the money that we spend on children as the most inexpensive way to prepare them for education, instead of paying the long-term effects of having a child that is uneducated.”

Early-learning programs in North Carolina are credited with making it possible for 380,000 parents to work. Those families earn more than $12 billion annually, and Hildebran says that money goes back into communities.

“If we provide quality daycare, we are able to bring in quality employees for some of the top companies and corporations that we want to bring to North Carolina.”

An independent study from Duke University, released last week, found that children in counties that received more Smart Start funding performed better on third-grade end-of-year tests.

By Stephanie Carroll Carson, Public News Service – NC

Listen to the radio story: NC Businesses Step Forward to Protect Early Childhood Education

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Smart Start and More at Four Needed to Reduce Dropout Rate

Tuesday, March 01st, 2011 | Author: Smart Start

Increase investments in early education, says a group of more than 80 leading business people, educators and elected officials who participated in a year-long study group organized by the Public School Forum of North Carolina. Study group members were charged with envisioning and recommending a systems approach in two very broad areas – personnel policies impacting teachers and school administrators and reducing today’s dropout rate.

Specifically, the report identifies the following goal: By 2018, 100% of North Carolina’s children who are identified as at-risk will be served by Smart Start and/or More at Four; by 2020, North Carolina’s graduation rate will have reached 90%

The State’s investment in early education must be increased. The State’s two early-education programs have become models for states across the country. Smart Start which focuses on at-risk young people and their families served 117,000 young children in 2008-09. It focuses the resources of the State on insuring that at-risk youth get off to a healthy and supported start. More at Four worked with over 31,000 four-year olds with a mission of getting at-risk youngsters off to a solid academic start when they enter schools. The focus of the programs vary. While the numbers of children served are impressive they are threatened with budget cuts and thousands more are eligible for service but not receiving it. Recent studies validate the benefits of the programs. Both should be maintained and grow over time.

The authors note that their proposals are ambitious, and they address potential critics head on. “To them, we have a very simple answer. Our kids aren’t waiting for the economy to turn around. And we can’t wait either.”

Download the report.
Read some of the press.

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Stop Investing in Stadiums…Start Investing in Kids

Tuesday, December 21st, 2010 | Author: Smart Start

The Federal Reserve Bank of Cleveland has posted a fantastic interview with Art Rolnick, an economist and former research director at the Federal Reserve Bank of Minneapolis. He talk about how he came to write a report with Rob Grunewald about economics of early childhood education. In 2003, Rolnick and colleague Grunewald wrote a policy proposal that advocates providing high-quality early childhood education to at-risk children. That effort has grown into a pilot program supported by the Minnesota Early Learning Foundation. Today, he is a Senior fellow at the Humphrey Institute in Minnesota.

Read the interview.

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The payoff from early education

Thursday, October 21st, 2010 | Author: Smart Start

“Early childhood education has a tremendous impact on the national economic security and the viability of the American dream.”

These are the words of the U.S. Chamber of Commerce – not typically known for speaking on behalf of children’s issues.

Yet business leaders and economists are becoming some of the best advocates for young children. They know early childhood investments are critical to keeping the United States competitive in a global market. After all, their future workers are today’s newborn babies. Building a strong and productive labor force largely depends on how well we baby-proof the economy today.

Just as parents baby-proof the top of the stairs to prevent a dangerous fall, policymakers must protect the economy from making a major misstep. Investments in early childhood education are the economic equivalent to investments in gates for stairs and covers for electrical outlets.

So what does economic baby-proofing look like? It starts with investing in high-quality early childhood programs. Science has shown that early experiences have biological consequences. . .

For instance, these experiences shape the brain’s wiring, determining whether a child’s brain architecture will provide a strong or weak foundation for all future learning. In addition, brains, like houses, are built from the bottom up. You can’t put the second story on until you have built the foundation. This is why remediation is less effective and more costly than providing what children need to thrive from the get-go. Simply put, the building blocks for learning are well established before a child enters kindergarten.

The Chamber’s new report, “Ready, Set, Go! Why Business Should Support Early Childhood Education,” addresses these essential building blocks. It recommends that states support hiring qualified and effective early childhood educators, integrate early learning and care systems for children from birth to age 5, develop seamless transitions from the early childhood education system to the K-12 system and increase the availability of high-quality programs that support working parents.

Fortunately, beginning with the leadership of Gov. Jim Hunt in the early 1990s, North Carolina has led the way in early childhood. With Smart Start, North Carolina became the first in the nation to create a statewide early childhood system. It was one of the first to create a statewide high-quality pre-kindergarten program. And it was the first to develop a Quality Rating and Improvement Systems – the star-rated license. All are national models. The Chamber report highlights North Carolina’s work as one of five promising practices included in the report.

The bad news is that even as the state’s population of children birth to age 5 increases, funding for early childhood programs like Smart Start has been declining for the past decade. The consequences are magnified further as the percentage of children living in poverty also has increased significantly. The most recent census data found that almost a quarter of all North Carolina children are living in poverty. These are the very children that benefit most from high-quality early childhood programs.

Cutting effective early childhood programs hurts all of us. Our future depends on ensuring that today’s children are tomorrow’s successful and productive adults. We will be relying on them as our next generation of leaders, workers, parents and taxpayers.

But there are short-term benefits as well. The average working parent misses five to nine days of work per year because of child care problems, costing U.S. businesses $3 billion a year in lost productivity. Such public investments also help attract new business. In addition, many child care programs are small businesses, and together they employ thousands of North Carolinians.

The Chamber’s report concludes with an ominous warning:

“With current early childhood education resource levels, too many kindergarteners will continue to begin school ill-prepared, language skills and achievement scores in math and reading will likely remain at mediocre levels, costs for interventions during the K-12 years and after will continue to rise, high school graduation rates and postsecondary degree completion rates will likely remain unchanged, and businesses will lack the necessary workforce to fill the jobs of the future.”

Let’s be sure we baby-proof the economy to prevent such a tragedy from taking place.

This op-ed appeared in the October 21, 2010 edition of the News and Observer. It was written by Harold Sellars, senior vice president at Mechanics & Farmers Bank and a board member and secretary of The North Carolina Partnership for Children Inc.

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Why Business Should Support Early Childhood Education

Monday, September 13th, 2010 | Author: Smart Start

Smart Start featured in U.S. Chamber of Commerce report!

From the U.S. Chamber of Commerce website:

Ready, Set, Go! Why Business Should Support Early Childhood Education,” sheds light on the tremendous impact that early childhood education has on the national economic security and the viability of the American dream. Focusing heavily on the scientific research that has proven early childhood education to be profoundly influential in health and well-being as well as economic vitality for individuals and society, Institute for Competitive Workforce attests that the investment and support on the part of American businesses is imperative to the success of the American workforce.

This report, funded with the help of the Pew Charitable Trust and Knowledge Universe, focuses on early learning as an investment in workforce development by supporting policies that proffer high-quality, evidence-based learning programs. Additionally, the report provides promising practices of successful early childhood education initiatives throughout the country alongside a step-by-step guide businesses may use to support and invest in early childhood education in their communities. An investment in early childhood education today will have large impacts on a highly-skilled workforce tomorrow. This report shows businesses how.

Download the report.

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Early Action Pays Off Today and Tomorrow

Friday, July 30th, 2010 | Author: Smart Start

Excerpted from the The Society for Human Resource Management’s publication Meeting the Workforce Needs of the Future Means Meeting the Developmental Needs of Young Children Today.

Today’s infants and toddlers are tomorrow’s business leaders, entrepreneurs, scientists, engineers, health care workers and other professionals. For the next two decades, they will be learning how to think, act and compete in the global marketplace. By investing in our youngest children now—when those investments will yield the highest societal returns—we can build the workforce we need to keep America competitive in the years ahead.

Early Action Pays Off Today and Tomorrow: Just as in business, investing early in our workforce pipeline ensures the best outcomes.

Read the publication.

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Study Shows Employers Benefit from Work-Backed Child Care

Wednesday, June 23rd, 2010 | Author: Smart Start

A study of 4,000 working parents found that employees with child and dependent care supports provided by their employer report far less stress and significantly better health than employees without access to these benefits. These same employees are more engaged in their work and are less likely to report lost work productivity due to stress.

Read more . . .

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