High social rate of return
A study in Chicago shows that every dollar of social cost of investing in 1 000 poor children can bring about nearly 1 dollar of social return. The social return rate of children's education investment is extremely high.
Promote regional economic development
Investment in children's education will not only promote children's future development, but also promote the development of regional economy. This is a long-term investment, which is of great significance to the development of regional economy.
Improve labor skills
Investment in children's education also helps to improve workers' skills. This is of great significance to improving the productivity and competitiveness of the whole society.
Various forms of public expenditure
Public expenditure can take many forms, such as payment voucher system. However, in the face of budget pressure, the federal government and state governments are considering cutting early start-up plans for early childhood education, early start-up plans, fixed funding laws for child care and development, and even some other child welfare projects.
This is related to the future of every child.
Investing in children's education is not only related to the future of each child, but also to the future of the whole society. I hope all parties can truly realize its far-reaching significance and create a better future for children.