Bookmark and Share Email this page Email Print this page Print Feed Feed

What's the ROI on Early Childhood Education

Preschool isn't just about school.

(page 4 of 5)

Breakdown of the Costs and Benefits

All figures in 2007 dollars

  Perry Preschool Abecedarian Chicago Child-Parent Centers
Private Benefits      
Childcare $1,091   $2,108
Education Costs -$193   -$237
Participant Earnings $60,743 $45,190 $26,098
Earnings of Future Generations   $6,890  
Parental Earnings   $82,754  
Health Benefits   $21,410  
Welfare Benefits -$2,414 n/a  
Total Private Benefits $59,227 $156,243 $27,970
Public Benefits      
Total K-12 Cost Savings $10,155 $10,639 $6,197
Higher Education Costs -$1,362 -$9,787 -$472
Total Crime Savings $206,467    
Welfare Administrative Costs $3,333 $236  
Child Abuse/Neglect Savings     $979
Total Public Benefits $218,593 $1,088 $23,568
Total Program Costs $18,261 $43,183 $8,512

Source: “The Dollars and Cents of Investing Early” by James Heckman

Hawaii Business magazine invites you to comment on our articles and the issues they raise. Comments are moderated for offensive language, commercial messages and off-topic posts and may be deleted. Some comments may be chosen for inclusion in the magazine on the Feedback page.

Feb 6, 2013 05:03 am
 Posted by  tdw

This is complicated and would be simplified for action if a concept of positive expectation were used with high risk factors (actions not taken) for after pre-k resulting in a low present value of positive expectations. Low risk factors (actions taken) resulting in higher PVofPE-Prek. Actions are after age 6.

See table of this thinking.

It is much more actionalble with follow on no choice ERSD-RA and FTFRTFT Socratic thinking

Add your comment:


Don't Miss an Issue!
Hawaii Business,February