AI Article Synopsis
- The HighScope Perry Preschool Project provides new data showing that investing in high-quality early childhood education is socially efficient, with long-term benefits tracked into midlife.
- The study offers a detailed cost-benefit analysis without predictions, relying on actual annual participant outcomes.
- Including spillover effects from participants' children and siblings boosts the program's benefit-cost ratio from 6.0 to 7.5, underscoring the broader positive impact of early education investment.
Article Abstract
We demonstrate the social efficiency of investing in high-quality early childhood education using newly collected data from the HighScope Perry Preschool Project. The data analyzed are the longest follow-up of any randomized early childhood education program. Annual observations of participant outcomes up to midlife allow us to provide a cost-benefit analysis without relying on forecasts. Adult outcomes on the participants' children and siblings allow us to quantify spillover benefits. The program generates a benefit-cost ratio of 6.0 (-value = 0.03). Spillover benefits increase this ratio to 7.5 (-value = 0.00).
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Source |
|---|---|
| http://www.ncbi.nlm.nih.gov/pmc/articles/PMC11349304 | PMC |
| http://dx.doi.org/10.1086/728058 | DOI Listing |
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