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).

An estimated 80,000 adults, ages 18-29, are in the labor force today are high school graduates who likely would have dropped out of school if not for Michigan's investment in early childhood education. The estimated economic impact is $1.3 billion annually, including the $584 million in reduced govt spending and increased tax revenues and $700 million in additional wages they have generated.

Let's continue to realize costs savings and increased revenue in Michigan.  We must maintain and increase public and private investments in early childhood programs that work - including preschool (Head Start and Great Start Readiness Programs) and child care quality improvement initiatives, like QRIS and United Way's Early Learning Communities program.