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