Cost Estimate to Educate all 3- and 4-Year-Old Children from Low-Income Families in Minnesota at a Two-Year, High-Quality ECDP


Published March 1, 2003  | March 2003 issue

Annual cost of program
Number of 3- and 4-year old children living in poverty*
Cost per child**
Current funds available  
Federal and state annual funds for Head Start  
(Serves about 13,300 children at an annual costs of $5,750 per child)
School Readiness  
(An estimated 30 percent of children participating in the program live in poverty)
Early Childhood Family Education  
(Estimated amount currently spent on 3- and 4-year-old children who live in poverty)
Total annual need (Cost-Current funds available)
$1.5 billion endowment invested in AAA corporate bonds yielding an average 7 percent annual return.

*Based on statistics from the Minnesota Department of Children, Families & Learning

**Estimate based on Perry School program in Ypsilanti, Mich.

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

Table 1A—Benefit/Cost Analysis
Table 1B—Real Internal Rate of Return