RETURN ON INVESTMENT
Evaluations of various early childhood education and development
programs have yielded important insight on cost-effectiveness.
Some of these studies have followed children
closely into adulthood. According to the High/Scope Educational
Research Foundation, every tax dollar invested in quality
early childhood education and development returns more than
$17 to the community at large.
Returns are almost evenly divided between individual
increased wages, and the state's enhanced tax revenues and savings
on the cost of the criminal justice system, crime victim losses,
and repeating grades in school.
Unaccounted for in these studies is the intrinsic
value and cost savings due to improved health in adulthood and
the benefit of a better educated, trainable, skilled, and employable
workforce to the national economy. |