Launched in 2014, this innovative public-private partnership expands Chicago Public Schools’ Child-Parent Center (CPC) program, making it possible for more than 2,600 kids and their families to benefit from CPC’s high-quality early childhood and parent engagement services. For each year of the program, the program’s independent evaluator releases a report of student performance across kindergarten […]
Category Archives: PFS in early childhood
Using benefit-cost analysis to scale up early childhood programs through Pay-for-Success financing
This 2015 journal article describes social impact borrowing as a new method for financing public sector, outlines contribution of benefit cost analysis (BCA), and discusses innovative use of social impact financing to promote scaling evidence based Child-Parent Centers and other early childhood programs. Citation: Temple, Judy A. & Reynolds, Arthur J. (2015). Using benefit-cost analysis […]
Financing human capital development for economically-disadvantaged children: Applying pay for success social impact finance to early childhood development
This 2013 working paper describes how PFS can be applied to funding of early childhood development programs. Citation: Dubno, J. A., Dugger, R. H., & Smith, M. R. (2013). Financing human capital development for economically-disadvantaged children: Applying pay for success social impact finance to early childhood development (working paper). Washington, DC: Ready Nation.
Early childhood “pay-for-success” social impact finance: A PKSE bond example to increase school readiness and reduce special education costs
This 2012 resource is a progress report that provides an example from 2009 Pennsylvania PreK Counts to demonstrate how social impact bonds might be used to pay for early learning services. Citation: Dugger, R., & Litan, R. (2012). Early childhood “pay-for-success” social impact finance: A PKSE bond example to increase school readiness and reduce special […]

