The High/Scope Perry Preschool Program: Cost-benefit analysis using data from the age-40 followup

Clive R. Belfield, Milagros Nores, Steve Barnett, Lawrence Schweinhart

Research output: Contribution to journalArticlepeer-review

221 Scopus citations

Abstract

This paper presents an updated cost-benefit analysis of the High/Scope Perry preschool Program, using data on individuals aged 40. Children were randomly assigned to a treatment or control group. Program costs are compared against treatment impacts on educational resources, earnings, criminal activity, and welfare receipt. Net present values are calculated for participants, the general public, and society. The treatment group obtains significantly higher earnings. For the general public, higher tax revenues, lower criminal justice system expenditures, and lower welfare payments easily outweigh program costs; they repay $12.90 for every $1 invested. However program gains come mainly from reduced crime by males.

Original languageEnglish (US)
Pages (from-to)162-190
Number of pages29
JournalJournal of Human Resources
Volume41
Issue number1
DOIs
StatePublished - 2006

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics
  • Strategy and Management
  • Organizational Behavior and Human Resource Management
  • Management of Technology and Innovation

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