“Want to Beat the Stock Market? Bet on Early-Childhood Education”

I’m posting this from Normal, IL. Over the next couple of days I’ll be visiting two of the CPC P-3 Centers that University of Minnesota professor Arthur Reynolds discusses below in an excerpt from a recent Education Week commentary. I look forward to sharing what I learn as part of an ongoing study of Place-Based Collaboration on Early Education funded by the Heising-Simons Foundation.

As Reynolds says,

“After five decades and more than 250,000 families served, the CPC program is arguably one of the nation’s most effective social programs. Now in its third generation as a P-3 school-reform model, the program and its unique success provide an approach and set of action steps to innovate in education to produce even better investment returns. Collaborative leadership, engaged learning, small classes, and comprehensive family and instructional supports are core elements.

In fact, CPC has one of the highest economic returns of any public or private financial investment. Cost-benefit analyses have shown that for every dollar invested, more than $10 is returned in cost savings in the areas of remedial education and criminal justice, coupled with an increase in economic well-being and tax revenues. That is an inflation-adjusted annual return of 18 percent over a child’s lifetime, a cumulative return of 900 percent. In the 2013 State of the Union Address, President Barack Obama even cited the research into CPC’s return on investment as a major basis of his Preschool for All initiative.”

See the full article: https://go.edc.org/rndt

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