Early Childhood Investment Pays Off
Is early childhood education an item on your 'soft stuff' list? You know, that list of nice but non-essential programs that we can strive for some day. If so, you may want to rethink its designation.
According to University of Chicago economist and Noble Prize laureate James Heckman society receives better return on educational investment made earlier in life. Speaking to a business crowd at the St. Louis Federal Reserve last week, Heckman said, "We really spend more money later in the life cycle, and the real return comes from spending more in the early years. The way we are going to make schools more efficient is by making the children that come into school more efficient."
He added, "Before, the case that was made for early childhood was that it is a good and fair thing for children, the current thinking is, it's a fair thing to do, but it's also an economically efficient thing to do."
For details, check out this article from the St. Louis Post-Dispatch - Early childhood education called a smart investment
For more information and in-depth resources about early childhood education, visit the National Association for the Education of Young Children at www.naeyc.org