Want a safe bet? Invest in early education
“Quality early education for at-risk children can produce an annual rate of return as high as 16 percent — higher than most stock portfolios. It should be at the top of any state’s economic development agenda.” – Art Rolnick, senior vice president of Federal Reserve Bank of Minneapolis
Investing in early childhood education is a long-term project, with results not evident for years. The Economic Policy Institute, a nonprofit think tank in Washington, D.C., determined that budget gains would surpass the cost of pre-K programs in nearly all states in just 10 years.
What we know:
Studies consistently show that children who participate in high-quality early education programs are more likely to:
Study shows long-term success of early childhood ed
The High/Scope study of the Perry Preschool in Ypsilanti, Mich., demonstrates the dramatic returns from investing in high-quality early-education programs.
This long-term study, which began in the 1960s, tracked the lives of 123 children born into poverty and at risk of failing in school. One group of students received a high-quality preschool program; the other did not.
The study shows that the preschool participants: