Quote:The program, which will start in November and is expected to save families $12,000 per child annually, is available to all residents regardless of income.

Quote:In an unprecedented move, New Mexico is making child care free.

Beginning in November, it will be the first state in the nation to provide child care to all residents regardless of income, Gov. Michelle Lujan Grisham announced this week.

The state has been working to lower child care care costs since 2019, when it created the Early Childhood Education and Care Department and started to expand eligibility for universal child care. This latest change removes income eligibility requirements from the state’s child care assistance program altogether and waives all family copayments.

Duke_of_Moral_Hazard

Quote:the National Forum on Early Childhood Policy and Programs has found that high quality early childhood programs can yield a $4 – $9 dollar return per $1 invested. A 2009 study of Perry Preschool, a high-quality program for 3-5 year olds developed in Michigan in the 1960s, estimated a return to society of between about $7 and $12 for each $1 invested

https://www.impact.upenn.edu/early-childhood-toolkit/why-invest/what-is-the-return-on-investment/