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November 01, 2005

It's time...

Studies show that kids who attend preschool are more prepared when they get to kindergarten, and more socially skilled and able to learn. Standards for kindergarten have changed dramatically since we were kids, and kindergarten teachers will tell you that students from good quality preschools do better over the long run, than those that aren't.

There is simply no question in my mind that kids need to attend preschool to get the right foundation for later learning. Kids need every advantage society can offer, and getting kids learning when they are young will help not only them, but society as a whole.

So what are we going to do about it?

There are those who will say "we can't afford it" and well, that is true.

There are those that say it must happen anyway, regardless of the cost.

There are those who don't see the benefit of preschool at all.

The expense is enormous. Good quality preschools costs can rival the best private schools. When my kids were in preschool, it was a HUGE part of our family's monthly budget. Could we afford it? NOPE. Was it a necessity that became much more than "child care"? Yes. And it dramatically helped my kids be ready on their first day of "school" - because in reality, it was just another learning day for them.

So our nation has a question that needs answering, and I am proposing we debate it right here in our little blog. If you like some of the ideas, pass the link along to your friends. If you have ideas and comments post them. Keep it civil and constructive. This is not about politics, this is about the future of our kids.

I'll float my idea now:

What happens when kids get to college age and can't afford to go? Many simply give up and don't go. Others go to community college and work their way through. Others get student loans at low interest rates and pay them off for years...

I propose the following:

Student/Parent Loans to attend accredited preschools
An Accreditation System to monitor these schools and bring others online

Parents could take government backed student loans for preschool education, and the lending agencies could turn & package these loans into tradeable and income producing securities.

At low interest rates, parents are basically making a down payment on a lifetime of learning. The "system" is financing a necessity for the advancement of society, and kids get to go to quality preschool. 20 years ago, who had heard of Countrywide and their "mortgage backed securities"? Now, homeownership is at an all time high because of the money and flexibility in the marketplace. The entire business of getting a home loan has changed. Now, the entire notion of preschool should as well.
Think of the way our society would change with a securities marketplace driven to send kids to preschool?

Next would be an Accreditation system so that parents would know what preschools are of the highest caliber, and where their loans could be spent. This accreditation system would tie into the expectancies of the kindergarten curriculum, and would change and advance as the cirruclum would advance.

With money flowing into the preschool system, you'll see:

More qualified and capable preschools
Better qualified preschool instructors and higher standards
JOBS!
Competition for students
Better choices for parents
Kids ready for preschool and better students throughout the learning years

It might even change parental involvement in schools. If parents feel they've invested actual dollars in preschool, they may be more likely to see that those kids excel as they go through the public schools.

And finally, and even likely, it should change the performance and quality of public education as they begin to get a generation of kids who are ready to learn.

Is this a nutty idea? Perhaps. So was the personal computer. Is this an expensive idea? Perhaps to set up the system yes. Is it worth it? We are falling behind other nations in educational quality, and we are not innovating fast enough as a nation to make up the difference. And frankly, we're not really even debating WHY!

Is it worth it? You decide.

The debate has begun. And that is worth it indeed.


Tim Keaney


Comments

Tim:

This is an idea to start a conversation. There is nothing like getting the ball rolling.

How would it work for parents with poor credit or who are already on TANF? Headstart funding seems to be getting the axe this year. Do you support fully funding head start programs?

Previous Treasury Secretary O'neil proposed in his social security testimony to congress that the US government should switch to a Kidsave program for retirements. Basically, when an American child is born a portion would be set-aside for children to collect like a IRA program and accrue over a lifetime saving the government tons of money. Estimates were higher than any other option in social security including the current system and there were no nasty transition costs.

With every child getting a lifetime IRA when they are born, that money could be used as collateral on a pre-school loan to be paid back over the life of the IRA.

Initial investments would come from the current payroll tax. I'd be interested in looking at the cost figures.

Thoughts???

Scott

Posted by: Scott Blough at November 2, 2005 12:00 PM

Each parent must decide whether pre-school is worth it, just like Tim did. If the parent feels that pre-school is worth it, then they should set aside dollars every week to have the money there when it is needed. I’m not sure what pre-school costs these days, but putting away $10/week from birth would go a long way towards covering the cost.

Posted by: Jerre Reimers at November 2, 2005 12:45 PM

Jerre:

How would your proposal work for people on state assistance with kids who want to send their kids to pre-school?

What if they don't have 10 bucks a week?

Scott

Posted by: Scott Blough at November 2, 2005 01:05 PM

Pre-School for all children should be our goal, they do so much better with it. Hey Tim, I just read the Senate voted down $5 billion for funding for NCLB as a way to finally start fully funding it. At the request of the White House they voted it down. Is 5 billion a lot to add in funding? Well we are spending 6 billion a month in Iraq and Bush just asked for 7 billion to fund the fight against bird flu. Truth is NCLB was designed to destroy public education, not help it. The goals were good, but the motives were not.

Posted by: Arleigh Kidd at November 2, 2005 02:17 PM

Sorry Arleigh...

You can't have it both ways on NCLB. You can't be angry about NCLB funding cuts, while on 5/31 in this blog you said NCLB is a piece of garbage!(http://blogs.venturacountystar.com/vcs/keaney/archives/2005/05/go_go_go_camari.html#comments.)

I don't hear about any congressional filibusters about that $5 billion? Why is that?

Maybe you are getting your wish - perhaps those in Washington, who have increased education funding four-fold in 5 years, actually listened and said "yeah, this might be better off at the state or local level".

It's interesting, but irrelevant again to the topic at hand.

Do you support Student Loans for pre-school, or the universal, Rob Reiner proposed version?

Tim

Posted by: Tim Keaney at November 2, 2005 05:40 PM

I support the Rob Reiner plan. NCLB is garbage because it HAS NOT BEEN FULLY FUNDED! The goals of NCLB are noble, but reform without the funds to carry it off, is not reform. They also just refused to up Special Ed funding, they have a goal of funding 40% of the cost of special ed, and they voted down money to get to that goal. The fact that they do not fund education at the level needed tells me they are not serious about it. They fully fund the military and their secret prisons around the world so they can torture people. These guys are all talk and as they say money talks and BS walks.

Posted by: Arleigh Kidd at November 3, 2005 10:30 AM

Scott:

One way to insure that every child gets to go to pre-school is to fund pre-school with tax money. But it’s hard to imagine that if we don’t have enough tax money to fund K-12 that we would be able to fund pre-school at the level most people would want. But how to raise the money? Put a $1 tax on every movie ticket.

Posted by: Jerre Reimers at November 3, 2005 03:29 PM

Jerre:

How about a 2 dollar tax on violent video games another dollar on cigarettes and a dollar on mini-liquor bottles that look like toys?

Scott

Posted by: Scott Blough at November 4, 2005 10:12 AM
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