Business Leaders Support Pre-K Expansion
As the 2017 legislative session approaches, pre-k is a priority issue for our new Governor and state lawmakers and a recent study articulates one reason why. The study, The Economic Impacts of Investing in Early Childhood Education in Indiana, undertaken by Indiana University researchers and commissioned by United Way of Central Indiana, revealed that “implementing a high-quality, state-funded early childhood education program in Indiana will yield an anticipated benefit of $3.83 to $4 per dollar invested.”
How did they arrive at this number? By looking at returns in two key areas, namely, reductions in special education spending and Kindergarten retention and remediation. In brief, they found that pre-k saves money in the short-term, by preventing challenges in elementary school. They also found modest, but meaningful benefits in the long-term, including from improvements in average life-time earnings.
It’s no wonder that business leaders all across the state have been championing pre-k expansion. They get that a $4 to $1 return on investment—meaning that every taxpayer dollar invested will yield at least $4 in benefits—is a great business decision for our state.
All IN 4 Pre-K is proud to be working with Indiana business and community leaders to organize pre-k events in key parts of the state in December. These Success Starts Early breakfasts will share how investing in pre-k means less spent on special education and Kindergarten retention—the latter of which costs our state over $30 million a year. And how pre-k helps parents keep jobs, find work and go back to school.
We hope you can join us at one of these events co-hosted with the Southwest Indiana Chamber of Commerce, St. Joseph County Chamber of Commerce, the Northeast Indiana Regional Partnership and the Columbus Area Chamber of Commerce. RSVP here!
We are thrilled that the four-fold return of pre-k investment will be shared at these breakfasts, but we also need people like you to share this meaningful number. Please take a minute to share our Facebook, Twitter and Instagram posts to spread this good news!
There are so many reasons to support pre-k expansion, from the benefits to our children and helping low-income families climb out of poverty to the returns for taxpayers and savings for our school systems. We hope this campaign helps you connect with your reason for being “all IN” for our youngest learners.