Owen Chauchet
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Through a tax hike on the wealthy, the District of Columbia has been supplementing the wages of early childhood educators. On average, childcare teachers got a pay raise of $10,000 last year. And that's not all. Owen Chauchet, a researcher at Mathematica, found the program led to a nearly 7% increase in childcare employment. More teachers mean... More slots.
And the quality of care has improved as turnover has fallen and experienced teachers have stayed on the job.
Chauchet acknowledges the cost of the program is high at $54 million last year, but working with an economist, he found the return on investment was also high at 23%. Andrea Hsu in PR News.