«Currently, a bachelor's degree in early childhood education occupies the dubious distinction of the college major with the lowest
projected lifetime earnings,» states the study from UC Berkeley.
Not exact matches
Students who participated in the preschool
project generally did better in life than students who did not: Preschool participants»
lifetime earnings were 14 percent higher, and their rate of homeownership was 32 percent higher than that of nonparticipants.
For the prekindergarten program alone, they identified $ 92,220 in present value benefits and $ 8,512 in present value costs in 2007 dollars — a benefit - cost ratio of 10.83 to 1.22 The benefits derived mainly from reduced public education expenditures due to lower grade retention and use of special education, reduced costs to the criminal justice system and victims of crime due to lower crime rates, reduced expenditures on child welfare due to less child abuse and neglect, higher
projected earnings of center participants, and increased income tax revenue due to
projected higher
lifetime earnings of center participants.
Using estimates from Chetty et al. on how 3rd grade test scores affect later adult
earnings, and estimates from Bartik, Gormley and Adelstein of expected adult income of children from different income groups, I
project that for low - income children, the 3rd grade test score effects estimated by Duncan / Sojourner would be consistent with a
lifetime increase in adult
earnings of about 13 %.
One interesting paper from the Brookings Institution's Hamilton
Project found that delaying school start times by one hour for middle and upper grades «delivered an extra $ 17,500 in
lifetime earnings per student because of better academic performance.»