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October 2, 2011

Preschool Funding for Kids Now Pays Off Billions Later

Katherine Harmon:

There are few sure investments in this chaotic economic climate, but on a national level, education has proven to pay off big down the road. As tight economic times have put the squeeze on education budgets here in the U.S., a new report shows the big benefits of even small investments in early education worldwide.

For every dollar invested in boosting preschool enrollment, middle- and low-income countries would see a return of some $6.40 to $17.60, according to a new analysis published September 22 in The Lancet. "Early childhood is the most effective and cost-effective time to ensure that all children develop to their full potential," noted the authors, led by Patrice Engle, of California Polytechnic State University. "The returns on investment in early child development are substantial."

Posted by Jim Zellmer at October 2, 2011 1:44 AM
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