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