Return on investment (ROI) is something we often here about in the economic sector, but we don’t often discuss it in the realm of education or child-rearing. Many of the economic principles, however, do translate to these areas. With back to school season upon us, we are spending a lot of time and resources investing in our children so we thought it wise to look at this phenomenon through an economic lens.
From new clothes to school supplies, and from teacher salaries to bonds for new infrastructure, education is a big investment for individual families and our society at large. And despite the various political arguments about spending, school choice, and other particulars of educational policies and curriculums, there is one thing all sides agree upon: education is important for future success. It is an investment that pays long-term dividends. Just as it’s important to get into a new stock or real estate market early, the same holds true for educating our children. The right kind of early investments will yield better results in the long-term.
While it logically holds that investing in early childhood education would bear lasting fruit for a child’s long-term success, there is little research that bears this out. The good news is that there is new research that supports the long term ROI on quality early childhood and Pre-K. And, not only does the research indicate the positive educational benefits for quality early childhood programs, it shows that quality early education leads to richer and fuller lives. It helps children and even adults truly thrive. Here is an excerpt from the Q&A in this article:
Q: “Your study found enduring positive effects of quality pre-K on a lot of things, including future earnings, health, IQ and crime reduction. Is the bottom line here stronger, fuller, richer lives?”
A: “Yes it is, but it’s more than just stronger, richer, fuller lives for the children. It’s also stronger, richer, fuller lives for the mothers of the children.”
This is exciting news for us at Drawn To Discover because these results directly correlate to our mission: giving children the tools to succeed and find joy. The exciting new for you is that our program is right at your finger tips and provides an inexpensive way to provide a richer and fuller life for your child and you.