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However, returns are generally statistically significantly different from zero for both males and females and are above the historical return on equity.

Estimated benefit-to-cost ratios support this conclusion. Anyone looking for upstream solutions to the biggest problems facing America should look to Nobel Prize winning University of Chicago Economics Professor James Heckman's work to understand the great gains to be had by investing in the early and equal development of human potential.

We conducted an extensive analysis of sensitivity to alternative plausible assumptions.

Estimated annual social rates of return generally fall between 7 and 10%, with most estimates substantially lower than those previously reported in the literature.

Reducing blood lead levels to less than 1 μg/d L among all US children between birth and age 6 years would reduce crime and increase on-time high school graduation rates later in life.

The net societal benefits arising from these improvements in high school graduation rates and reductions in crime would amount to 000 (SD, 000) per child annually at a discount rate of 3%.

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Reproduction or retransmission of the materials, in whole or in part, in any manner, without the prior written consent of the copyright holder, is a violation of copyright law.Estimates of the rate of return to the Perry program are widely cited to support the claim of substantial economic benefits from preschool education programs.Previous studies of the rate of return to this program ignore the compromises that occurred in the randomization protocol. The rates of return estimated in this paper account for these factors.This report reviews the evidence on why a major investment in America’s children is such a promising economic strategy that can provide substantial social benefits—and that would more than pay for itself over time.It highlights four particular tranches of benefits: 1.

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