Research Report
Does It Pay to Invest in Preschool for All?
Analyzing Return-on-Investment in Three States
Date
March 1, 2006
Summary
Making state-funded preschool programs available to all children removes an obstacle that has plagued programs targeted to at-risk children since such programs began – that of identifying and serving eligible children. But does it pay to invest in preschool for all?
Four steps are required for a full analysis of the economic impacts of making state-funded prekindergarten universally available:
- Considering the consequences for prekindergarten enrollments in each state in light of existing demographics and patterns of options,
- Calculating the unit and total costs of providing the new enrollment,
- Measuring the economic benefits of providing universal availability and,
- Comparing the costs and benefits.