Presently, there are two components to preschool teacher education in New Jersey: (1) Teacher preparation, which includes a course of study leading to a formal degree or certificate. Teacher preparation is provided through the state's 2- and 4-year institutions of higher education; and (2) Professional development, which supports individuals already working in the field by providing short-term workshops, classes and other forms of technical assistance to support and increase teachers' bases of knowledge. A recent report released by the Foundation for Child Development (FCD) examined the content and capacity of the two components that make up New Jersey's preschool teacher education system. The report also identifies the gaps between what the standards recognize preschool teachers need to know and what they are actually receiving from their preschool teacher education experience. This policy brief outlines the report's findings, identifies critical policy issues and provides recommendations that will ensure consistency and continuity in the development of New Jersey's preschool teacher workforce and provide for a better coordinated system of teacher preparation and professional development. (Contains 21 endnotes.) [This is a publication of the Association for Children of New Jersey's Early Learning Initiative.]