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ERIC Number: ED553301
Record Type: Non-Journal
Publication Date: 2002-Feb
Pages: 48
Abstractor: As Provided
Reference Count: 51
ISBN: N/A
ISSN: N/A
Age 21 Cost-Benefit Analysis of the Title I Chicago Child-Parent Centers. Discussion Paper No. 1245-02
Reynolds, Arthur J.; Temple, Judy A.; Robertson, Dylan L.; Mann, Emily A.
Institute for Research on Poverty, Paper presented at the Annual Meeting of the Society for Prevention Research (Washington, D.C., Jun 1, 2001)
We conducted the first cost-benefit analysis of a federally financed, comprehensive early childhood program. The Title I Chicago Child-Parent Centers are located in public schools and provide educational and family support services to low-income children from ages 3 to 9. Using data 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 by 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 three levels of program participation. Findings demonstrate the cost-effectiveness of public early childhood programs. Appended is "Breakdown of Benefits and Costs for Estimating Economic Returns of the Chicago Child-Parent Centers."
Institute for Research on Poverty. Publications Department, 1180 Observatory Drive, Madison, WI 53706-1393. Tel: 608-262-6358; Fax: 608-265-3119; e-mail: irppubs@ssc.wisc.edu; Web site: http://www.irp.wisc.edu
Publication Type: Reports - Research; Numerical/Quantitative Data; Speeches/Meeting Papers
Education Level: Early Childhood Education; Preschool Education
Audience: N/A
Language: English
Sponsor: Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) (NIH); Office of Educational Research and Improvement (ED), Washington, DC. Office of Research.
Authoring Institution: University of Wisconsin-Madison, Institute for Research on Poverty
Identifiers - Location: Illinois
Grant or Contract Numbers: R01HD34294-06|R305T990477