Preschool Saves us Money, but how Much?

Posted on January 01, 2012

President Barack Obama and Education Secretary Arne Duncan have often claimed that the “return on investment,” or ROI, for pre-k is 10-to-1, meaning there is a $10 payoff in the future for every dollar invested today in pre-kindergarten education. Both advocates and opponents of publicly funded pre-k often cite such figures, which can range from lows of about 1.5-to-1 to highs in the upper teens. Returns on investment are calculated by performing cost-benefit analyses. They are typically reported as ratios – for instance, 3-to-1 indicates that every dollar invested today leads to $3 of savings (adjusted for inflation) later on, with any ratio above 1 deemed a worthwhile investment.

 Source: The Hechinger Report

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