A new study finds that an additional 90-100K Georgia children could be covered by CAPS subsidies over the next three years, allowing thousands of parents to continue and advance in their work and education, if the following are enacted:
- Under the current setup of CAPS at 50% of the state’s median income (SMI), an additional $198million would cover almost all families who can and want to take advantage of CAPS, realizing that the bar set is very restrictive in its current state.
- Increasing the SMI to 85% (in line with federal recommendations) would cover thousands of additional families and fill a major gap in workforce development for return-to-work parents among others. This can be done for an additional $340 million.
(Metro Atlanta Chamber, GSU’s Georgia Policy Labs)