NASET News Alert

Early Childhood Education Program Yields High Economic Returns

February 09, 2011

For every $1 invested in a Chicago early childhood education program, nearly $11 is projected to return to society over the children's lifetimes -- equivalent to an 18 percent annual return on program investment, according to a study led by University of Minnesota professor of child development Arthur Reynolds in the College of Education and Human Development. For the analysis, Reynolds and other researchers evaluated the effectiveness of the Chicago Public Schools' federally funded Child Parent Centers (CPCs) established in 1967. Their work represents the first long-term economic analysis of an existing, large-scale early education program. Researchers surveyed study participants and their parents, and analyzed education, employment, public aid, criminal justice, substance use and child welfare records for the participants through to age 26. To read more, click here

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