A Benefit-Cost Analysis of Child Care Subsidy Expansions: The New York State Case
Working Paper Megan Curran Working Paper Megan Curran

A Benefit-Cost Analysis of Child Care Subsidy Expansions: The New York State Case

This paper estimates the benefits and costs of a proposed New York State policy reform to provide child care subsidies to families up to three times the federal poverty line while supplementing child care worker compensation, alongside alternative program design options. It estimates a net present value of $12.4 billion in yearly social benefits relative to a yearly cost of $1.6 billion.

Read More
A Lifetime’s Worth of Benefits: The Effects of Affordable, High-quality Child Care on Family Income, the Gender Earnings Gap, and Women’s Retirement Security
Joint Report Sonia Huq Joint Report Sonia Huq

A Lifetime’s Worth of Benefits: The Effects of Affordable, High-quality Child Care on Family Income, the Gender Earnings Gap, and Women’s Retirement Security

CPSP and the National Women’s Law Center demonstrate how investing in child care is an investment in women’s lifetime economic security. Robert Paul Hartley, Columbia School of Social Work faculty affiliate of CPSP, provides evidence that investing in high-quality and affordable child care support for families could increase women’s lifetime earnings and retirement savings.

Read More