Prior research substantially overstates the cost of retention under test-based promotion policies to both taxpayers and students who delay labor market entry because it omits two important factors. First, there is a delay between the intervention and the taxpayer's expenditure. Second, on average, the treatment leads to less than a full year of…

Most early educators are paid less than $15 per hour, and many of them report high levels of economic insecurity evidenced by their worry about meeting monthly family expenses or paying for bare necessities such as food and housing. Coupled with low wages, few early educators can expect to work in settings that provide basic professional supports…