Advice to the Trump administration: Invest in early childhood programs
Citing the research of Nobel Prize-winning economist James Heckman, Geoffrey A. Nagle, Ph.D., president and chief executive officer of Erikson Institute, says that one of the best investments the incoming presidential administration can make to impact the economy is in “zero-to-5 programs.”
Dr. Nagle’s comments appear in a January 13 Chicago Tribune article in which Chicago-area business leaders offer advice to President-elect Donald Trump on how to help local companies.
Dr. Nagle notes that Heckman has found that education programs for children that begin at 8 weeks old have a 13 percent return on investment and result in additional savings from less dependency on social services and reductions in crime.
“There is nothing we can do as a country that will have a more profound long-term impact than ensuring that our children have high-quality early experiences,” Dr. Nagle says.