Early Childcare: a Challenging Investment

(from Nonprofit Quarterly) Even as some independent schools consider developing or expanding early childcare programs, data suggest that the costs incurred in caring for infants and toddlers exceed those of caring for preschoolers and may not be financially viable. Research in Action, a Pennsylvania-based nonprofit, published a study of the economics of early childhood in Pennsylvania and the struggle to afford excellence. The Philadelphia Business Journal summarized RiA’s findings: “Revenues were 30 percent lower than costs.” To cope, providers are forced to compromise their standards, increasing classroom sizes and lowering teacher qualifications.

Read the full article at NonprofitQuarterly.com.

See all news items.