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Perry School Preschool's Estimated Impact per Program Participant, Benefit/Cost Analysis

Table

Published March 1, 2003  |  March 2003 issue

Present Value in 1992 Dollars Discounted at 3%
Benefits* For Participant For Public Total
Child care provided
738
0
738
More efficient K-12 education, such as less grade retention and higher achievement
0
6,872
6,872
Decrease in public adult education costs
0
283
283
Increase in participants' earnings and employee benefits
21,485
8,846
30,331
Decrease in crime
0
70,381
70,381
Increase in publicly funded higher education costs
0
-868
-868
Decrease in welfare payments
-2,653
2,918
265
 
Total Benefits
19,570
88,433
108,002
Cost of Program
0
-12,356
-12,356

*Benefits and costs were measured from ages 3 through 27 and
projected for ages 28 through 65.

Data Source: The High/Scope Perry Preschool Study Through Age 27

Return to: Early Childhood Development: Economic Development
with a High Public Return

Table 1B—Real Internal Rate of Return
Table 2—Cost Estimate to Educate all 3- and 4-Year-Old Children From Low-Income Families in Minnesota at a Two-Year, High-Quality ECDP

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