How Are “We More Than a Daycare”?
December 8, 2016New Year, New Opportunities: Own an Education Franchise
January 2, 2017
The numbers add up! According to an article published 12/12/16 and co-authored by Nobel laureate and University of Chicago economics professor, James Heckman, Early Education pays off… significantly.
“Monetizing benefits and costs across multiple domains, we estimate a rate of return of 13.0% per annum and a benefit/cost ratio of 6.3.”*
Heckman postulates that the long-term measurements of the effectiveness and ROI of Early Education programs provide the most valuable data for policy analysis.
This study “… highlights the numerous ways through which early childhood programs enhance adult capabilities.”