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High ROI: Why preschool programs are a good investment for society

The Christian Science Monitor – Amanda Hoover

“Preschool programs aren’t cheap, but investing in them could yield returns that stretch far beyond the students’ futures and impact society, according to a new study, one of the first to examine the economic impact of early childhood education programs well into students’ early careers. The study, released Sunday from researchers at the University of Chicago and the University of Southern California, shows that rolling out quality education programs for disadvantaged children can result in high investment returns, with around a 13 percent annual return rate, producing around $6 for every dollar spent. That profit comes in the form of parental labor earnings and savings in the healthcare and criminal justice systems, components that haven’t been considered as extensively in past analyses of early childhood education.”(more)

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