Universal Preschool Seen as Money Saver
If every California 4-year-old had the opportunity to attend preschool, the state would reap $2 to $4 for every dollar spent on early-childhood education, concludes a report released last week by the RAND Corp., an independent research organization based in Santa Monica, Calif.
The costs of providing preschool—estimated at $1.7 billion a year—would be offset, the researchers say, by reduced spending on special education, less grade retention, less crime, and a more productive workforce. The study looks at the potential benefits of a universal preschool program, rather than a program targeted only at children with a higher risk for educational and behavioral problems.
According to the analysis, the state would “break even” when a child enrolled in preschool reached age 14.
Vol. 24, Issue 30, Page 10Published in Print: April 6, 2005, as Universal Preschool Seen as Money Saver