| Benefits of Investing in Kids |
Investing in young children:Yields a high rate of return on investment • Economists at the Minneapolis Federal Reserve calculate that early childhood education produces an inflation-adjusted annual return of 16%. • Every dollar invested in pre-school produces $8.74 in benefits to society. Spurs community economic development • Strong life and job skills are critical factors in fostering economic development and attracting industry. • Early childhood education is a large, growing industry employing over 14,000 people in the St. Louis metro area. • The availability of child care enables 48,000 other workers to get, keep and be productive at their jobs. Provides economic opportunity for individuals • Children who receive a quality early childhood education are more likely to succeed in school and, as a result, earn a good income, own their own home and pay taxes. Improves the quality of community life • Investing in the positive development of all children reduces educational failure, crime, drug use and violence---while lowering costs for health care, social services and remedial education. • Today’s children are tomorrow’s leaders of society and our future workforce. How we develop our children today shapes the St. Louis region of tomorrow. |