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ERIC Number: ED462523
Record Type: Non-Journal
Publication Date: 2002-Feb
Pages: 54
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Age 21 Cost-Benefit Analysis of the Title I Chicago Child-Parent Centers. Discussion Paper.
Reynolds, Arthur J.; Temple, Judy A.; Robertson, Dylan L.; Mann, Emily A.
Researchers conducted the first cost-benefit analysis of a federally-financed, comprehensive early childhood program involving the Title I Chicago Child-Parent Centers, which are located in public schools and provide educational and family support services to low-income children ages 3-9 years. Data came from a cohort of children born in 1980 who participate in the Chicago Longitudinal Study. Findings indicated that the measured and projected economic benefits of preschool participation, school-age participation, and extended program participation exceeded costs. The preschool program provided a return to society of $7.14 per dollar invested by increasing economic well-being and tax revenues and reducing public expenditures for remedial education, criminal justice treatment, and crime victims. The extended intervention program (4 to 6 years of participation) provided a return to society of $6.11 per dollar invested, while the school-age program yielded a return of $1.66 per dollar invested. Economic benefits to the general public, exclusive of individual earnings, also exceeded costs for all levels of program participation. Findings demonstrate the cost-effectiveness of public early childhood programs. Breakdown of Benefits and Costs for Estimating Economic Returns of the Chicago Child-Parent Centers is appended. (Contains 51 references, 11 figures, and 7 tables.) (SM)
Publications Department, Institute for Research on Poverty, 1180 Observatory Drive, Madison, WI 53706-1393 ($3.50). Tel: 608-262-6358; Fax: 608-265-3119; e-mail: irppubs@ssc.wisc.edu; Web site: http://www.ssc.wisc.edu/irp. For full text: http://www.ssc.wisc.edu/irp/pubs/dp124502.pdf.
Publication Type: Reports - Research; Speeches/Meeting Papers
Education Level: N/A
Audience: N/A
Language: English
Sponsor: National Inst. of Child Health and Human Development (NIH), Bethesda, MD.; Office of Educational Research and Improvement (ED), Washington, DC.
Authoring Institution: Wisconsin Univ., Madison. Inst. for Research on Poverty.
Identifiers - Laws, Policies, & Programs: Elementary and Secondary Education Act Title I