Art Rolnick, Federal Reserve Bank in Minneapolis, says the value of investing in early education is “up to a 16 percent return, adjusted for inflation … What other investment pays that kind of return these days?” That return is based on research that has sown that a quality early childhood education saves money in social costs throughout the lifespan.
Dr. James J. Heckman, Nobel Laureate in Economic Sciences, states that in the era of tight budgets, our priorities should be to invest in the very young and emphasize basic learning and socialization skills. In this way, we can build a capable workforce for the future.