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Early Childhood Development An Investment We Can’t Afford to Pass Up

Early Childhood Development An Investment We Can’t Afford to Pass Up. Partnership for America’s Economic Success 901 E Street NW, 8 th Floor Washington, DC 20004 (202) 552-2000 info@PartnershipforSuccess.org www.PartnershipforSuccess.org. Investing in Early Childhood Development.

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Early Childhood Development An Investment We Can’t Afford to Pass Up

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  1. Early Childhood DevelopmentAn Investment We Can’t Afford to Pass Up Partnership for America’s Economic Success 901 E Street NW, 8th Floor Washington, DC 20004 (202) 552-2000 info@PartnershipforSuccess.org www.PartnershipforSuccess.org

  2. Investing in Early Childhood Development Running the Numbers • Growing up poor • 2 fewer years of school • Lifetime earnings reduced by half • Lack of stable housing • 20% less likely to finish high school • Food insecurity • Costs are quadrupled to educate hungry children

  3. The Cost of Doing Nothing By not learning, the brain does not grow Normal child Severely neglected child

  4. Kids Who Start Behind Stay Behind Adult Health Risks by Adverse Childhood Experience Score

  5. How America Stacks Up U.S. Ranks 26 out of 32 countries on PISA 2006 Math Scores Annual societal costs of managing uncontrolled asthma attacks ≈$4 Billion • ≈$0

  6. The Good News The Earlier the Investment, The Greater the Return Programs targeted toward the earliest years Preschool programs Schooling Rate of return to investment in human capital Job training 4-5 Pre-school 0-3 School Post-School Age

  7. Business Leader Support Jim Rohr, CEO of PNC Bank, leading $100 million PNC Grow Up Great George Kaiser, CEO of Kaiser-Francis Oil, major supporter of early care and education in Oklahoma Ed Basha, CEO of Basha’s Grocery Stores, led fight in Arizona for early childhood ballot initiative Massachusetts Strategies for Children campaign business leaders: Mara Aspinall, CEO of Genzyme Genetics; Ronald Sargeant, CEO of Staples; James Brett, CEO of The New England Council; Richard Lord, CEO of Associated Industries of Massachusetts CEOs of Federal Reserve Banks in Richmond, Cleveland and San Francisco made statements in support of early investments as economic development Federal Reserve Chairman Ben Bernanke – “high returns that early childhood programs can pay”

  8. A Jarring Realization Portion of Business Leaders Who Say a Skilled Workforce is the Most Important Factor to Business Success Portion Who Say They’re Concerned about Finding Skilled Workers 74% 54%

  9. Sound Investments, Solid Returns Health Stability Education

  10. Early Childhood DevelopmentAn Investment We Can’t Afford to Pass Up Partnership for America’s Economic Success 901 E Street NW, 8th Floor Washington, DC 20004 (202) 552-2000 info@PartnershipforSuccess.org www.PartnershipforSuccess.org

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