Monday, October 01, 2007
Here's another commentary on the role of pre-kindergarten investment in economic development. Indiana is considering expansions to early education programs.
The article points to work by Minnesota Federal Reserve economists Rob Grunewald and Arthur Rolnick.
They have written:
“Early childhood development programs are rarely portrayed as economic-development initiatives, and we think that is a mistake. Such programs, if they appear at all, are at the bottom of the economic development lists for state and local governments. They should be at the top. Most of the numerous projects and initiatives that state and local governments fund in the name of creating new private businesses and new jobs result in few public benefits. In contrast, studies find that well-focused investments in early childhood development yield high public as well as private returns.”
Read more. You can see the background work by Grunewald and Rolnick here.
You can keep up with your state's developments at Pre-K Now.
posted by Ed Morrison |
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