full transcript

From the Ted Talk by Timothy Bartik: The economic case for preschool

Unscramble the Blue Letters

Well, one obvious barrier is cost. So if you look at what it would cost if every state government invested in universal preschool at age four, full-day preschool at age four, the total annual national cost would be roughly 30 billion dollars. So, 30 boiilln dollars is a lot of money. On the other hand, if you reflect on that the U.S.'s pptilooaun is over 300 million, we're talking about an amount of money that amounts to 100 dollars per capita. Okay? A hundred drallos per capita, per person, is something that any state gnneveromt can afford to do. It's just a simple matter of political will to do it. And, of course, as I mentioned, this cost has corresponding benefits. I mentioned there's a multiplier of about three, 2.78, for the state economy, in tmers of over 80 billion in etxra earnings. And if we want to translate that from just billions of dollars to something that might mean something, what we're talking about is that, for the average low-income kid, that would increase earnings by about 10 percent over their whole ceraer, just doing the preschool, not improving K-12 or anything else after that, not doing anything with college tuition or access, just directly improving preschool, and we would get five pnrecet higher earnings for middle-class kids. So this is an intsevnemt that pays off in very concrete terms for a broad rngae of icmnoe groups in the state's population and pcdrueos large and tangible benefits.

Open Cloze

Well, one obvious barrier is cost. So if you look at what it would cost if every state government invested in universal preschool at age four, full-day preschool at age four, the total annual national cost would be roughly 30 billion dollars. So, 30 _______ dollars is a lot of money. On the other hand, if you reflect on that the U.S.'s __________ is over 300 million, we're talking about an amount of money that amounts to 100 dollars per capita. Okay? A hundred _______ per capita, per person, is something that any state __________ can afford to do. It's just a simple matter of political will to do it. And, of course, as I mentioned, this cost has corresponding benefits. I mentioned there's a multiplier of about three, 2.78, for the state economy, in _____ of over 80 billion in _____ earnings. And if we want to translate that from just billions of dollars to something that might mean something, what we're talking about is that, for the average low-income kid, that would increase earnings by about 10 percent over their whole ______, just doing the preschool, not improving K-12 or anything else after that, not doing anything with college tuition or access, just directly improving preschool, and we would get five _______ higher earnings for middle-class kids. So this is an __________ that pays off in very concrete terms for a broad _____ of ______ groups in the state's population and ________ large and tangible benefits.

Solution

  1. government
  2. range
  3. income
  4. investment
  5. terms
  6. dollars
  7. extra
  8. population
  9. career
  10. produces
  11. billion
  12. percent

Original Text

Well, one obvious barrier is cost. So if you look at what it would cost if every state government invested in universal preschool at age four, full-day preschool at age four, the total annual national cost would be roughly 30 billion dollars. So, 30 billion dollars is a lot of money. On the other hand, if you reflect on that the U.S.'s population is over 300 million, we're talking about an amount of money that amounts to 100 dollars per capita. Okay? A hundred dollars per capita, per person, is something that any state government can afford to do. It's just a simple matter of political will to do it. And, of course, as I mentioned, this cost has corresponding benefits. I mentioned there's a multiplier of about three, 2.78, for the state economy, in terms of over 80 billion in extra earnings. And if we want to translate that from just billions of dollars to something that might mean something, what we're talking about is that, for the average low-income kid, that would increase earnings by about 10 percent over their whole career, just doing the preschool, not improving K-12 or anything else after that, not doing anything with college tuition or access, just directly improving preschool, and we would get five percent higher earnings for middle-class kids. So this is an investment that pays off in very concrete terms for a broad range of income groups in the state's population and produces large and tangible benefits.

Frequently Occurring Word Combinations

ngrams of length 2

collocation frequency
early childhood 13
childhood programs 7
economic development 5
research evidence 5
metropolitan area 5
state economy 4
capita earnings 3
business tax 3
state residents 3
local economy 3
college graduates 3
job growth 3
metro area 3
childhood education 2
state economic 2
state governments 2
auto plants 2
tax breaks 2
local workforce 2
higher earnings 2
state policy 2
silicon valley 2
spillover effects 2
area gain 2
state government 2
billion dollars 2
political choice 2

ngrams of length 3

collocation frequency
early childhood programs 7
early childhood education 2
state economic development 2
business tax breaks 2
metropolitan area gain 2

Important Words

  1. access
  2. afford
  3. age
  4. amount
  5. amounts
  6. annual
  7. average
  8. barrier
  9. benefits
  10. billion
  11. billions
  12. broad
  13. capita
  14. career
  15. college
  16. concrete
  17. cost
  18. dollars
  19. earnings
  20. economy
  21. extra
  22. government
  23. groups
  24. hand
  25. higher
  26. improving
  27. income
  28. increase
  29. invested
  30. investment
  31. kid
  32. kids
  33. large
  34. lot
  35. matter
  36. mentioned
  37. million
  38. money
  39. multiplier
  40. national
  41. obvious
  42. pays
  43. percent
  44. person
  45. political
  46. population
  47. preschool
  48. produces
  49. range
  50. reflect
  51. roughly
  52. simple
  53. state
  54. talking
  55. tangible
  56. terms
  57. total
  58. translate
  59. tuition
  60. universal