Universal preschool provides excellent benefits to children and families. It improves school readiness and provides long-term educational benefits. Children who attend preschool are less likely to get arrested later in life or face disciplinary measures such as juvenile incarceration. They are also more likely to attend college and earn significantly more as adults. These benefits have the potential to extend to the next generation—for example, the children of parents who benefited from high-quality pre-K, and especially disadvantaged Black children. A national universal pre-K program creates jobs, allows parents to pursue economic opportunities, and saves families significant money that they currently spend on care for their young children.