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FeedWhat's the ROI on Early Childhood Education
Preschool isn't just about school.
By Dennis Hollier
(page 3 of 5)
Cost-Benefit Analysis
Per child, in 2005 dollars
| Average total costs per student | Average total benefits | Net benefits (benefits-costs) | Benefit-cost ratio (benefits/costs) | Internal rate of return | |
|---|---|---|---|---|---|
| Perry Preschool | $17,198 | $293,579 | $276,381 | $17.07 to $1 | 18% |
| Carolina Abecedarian project | $38.934 | $147,149 | $108,215 | $3.78 to $1 | 7% |
| Chicago Child-Parent Center | $8,018 | $81,399 | $73,381 | $10.15 to $1 | 22% |
• Long term research has shown that all of the famous studies of Early Childhood Education produce strong returns.
Source: Center for Business and Economic Research at the University of Kentucky; its report is called, “Costs and Benefits of Early Childhood Education.”
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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. http://www.usa-positive-expectations.com/PVofPE-Prek.html
It is much more actionalble with follow on no choice ERSD-RA and FTFRTFT Socratic thinking