The Economics of ECE
In a recent speech made by the head of the United States central banking system, the importance of early childhood education’s effects on the economy came into focus.
Ben Bernanke, chairman of the U.S. Federal Reserve stated: “The research shows that effective educations lead to lower rates of poverty, higher lifetime earnings, and greater satisfaction on the job and at home. And specialists in economic development have identified educational attainment as a key source of economic growth and rising incomes in many countries around the world.”