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Monday, January 25, 2010

Michigan Realized $1 BILLION in Savings through Early Childhood Education

Investments in school readiness over the past 25 years helped Michigan realize cost savings and revenue of $1.15 billion, according to the Wilder Research Study, "Cost savings analysis of school readiness in Michigan," commissioned by Early Childhood Investment Corporation.

Where did we see those savings? In K-12 Education ($221 million), Reduced Govt Spending and Increased Tax Revenues ($594 million), and Reduced Social Costs to Public ($347 million).

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