Contributing to high-quality early childhood education isn’t just a donation, it’s an investment in the future. University of Chicago professor Dr. James Heckman is “devoted to the development of a scientific basis for economic policy evaluation, with special emphasis on models of individuals and disaggregated groups, and to the problems and possibilities created by heterogeneity, diversity and unobserved counterfactual states...His recent research focuses on human development and lifecycle skill formation, with a special emphasis on the economics of early childhood development.“
Dr. Heckman found that individuals who received high-quality early childhood education had higher graduation rates, higher adult employment rates and income, lower blood pressure, and lower drug use. Additionally, their parents were able to increase their income, versus if they did not have access to high-quality care for their children. Their improved health and education not only benefits themselves and their family, but also improves the economy through lower healthcare costs and higher employment. This all adds up to a 13% return on investment.
To learn more about Dr. Heckman’s research, visit www.heckmanequation.org