New Study Highlights the Economic Benefits of the Affordable Connectivity Program
A recent study conducted by The Brattle Group underscores the significant economic value of the Affordable Connectivity Program (ACP). According to the findings, the ACP—a federal initiative providing internet subsidies to low-income households—offers far more than just digital access. It generates substantial savings across crucial sectors like healthcare, education, and the labor market, more than covering its operational costs.
The report warns, however, that the program is set to expire in May 2024. Without it, millions of Americans could lose access to essential online services, leading to major setbacks for individual households and the broader U.S. economy. From healthcare providers delivering telemedicine to employees and students relying on consistent internet access, the ACP has played a critical role in modern connectivity, equity, and productivity.
The research reinforces the need to ensure the program’s continued funding, emphasizing its profound and far-reaching economic advantages. Policymakers and stakeholders are urged to act decisively to prevent disruption to these essential savings and opportunities for individuals and industries alike.
For those interested in the details, the study offers a compelling case for why the ACP is not just a cost but an indispensable investment in the nation’s infrastructure and future.
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