Key PointsQuestionWhat is the benefit-cost ratio of investing in childcare services regarding productivity returns of academic achievement at the end of compulsory schooling? FindingsIn this cohort study including 8936 children, childcare attendance was associated with higher academic achievement at the end of compulsory schooling only for children of mothers with lower education. The benefit-cost ratio for each £1 (US $1.40) invested in full-time childcare attendance for children of mothers with low education was £1.71 (US $2.39) for those who achieved a Level 2 General Certificate of Secondary Education qualification. MeaningThese results suggest that subsidizing childcare attendance for children of mothers with low education would yield economic benefits in the long run.
JAMA Pediatrics – American Medical Association
Published: Sep 7, 2021