The timing of the Education Policy Institute’s (EPI) Annual Lecture, held last month, could not have been more relevant. At the lecture, entitled ‘Education for Long Run Success’, Professor Kirabo Jackson of Northwestern University, Illinois, presented findings from his research on the impact of variation in education spending by both neighbourhoods and age phases.
The key message from his research was that investments are most cost-effective when they start early and are sustained throughout childhood.
Professor Jackson found that an additional 10 per cent in school spending leads to an additional 0.31 years of education. For children from low-income backgrounds, that rises to 0.46 years. Those impacts are greater still when coupled with investment in the US’s Head Start programme – the blueprint for Sure Start. He also found an impact on later-life outcomes, including high-school graduation, wages and incarceration rates.
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