Is Universal Preschool Beneficial? An Assessment of Rand Corporation's Analysis

Reason Foundation Policy Study No. 345, 2006

30 Pages Posted: 16 Sep 2010

See all articles by Christopher Cardiff

Christopher Cardiff

San Jose State University

Edward Peter Stringham

Trinity College; American Institute for Economic Research

Date Written: 2006

Abstract

This report assesses RAND Corporation’s cost benefit analysis and finds that it significantly overestimates the upsides and drastically underestimates the downsides of universal preschool and the California proposal. Using RAND's own data and alternative assumptions based on the studies they reference, it is easy to demonstrate that universal preschool generates losses of 25 to 30 cents for every dollar spent. And these losses are calculated before including any of the additional universal preschool program costs that RAND ignored in its analysis.

Suggested Citation

Cardiff, Christopher and Stringham, Edward Peter, Is Universal Preschool Beneficial? An Assessment of Rand Corporation's Analysis (2006). Reason Foundation Policy Study No. 345, 2006, Available at SSRN: https://ssrn.com/abstract=1676268

Christopher Cardiff

San Jose State University ( email )

San Jose, CA 95192-0066
United States

Edward Peter Stringham (Contact Author)

Trinity College ( email )

Hartford, CT 06106
United States

American Institute for Economic Research ( email )

PO Box 1000
Great Barrington, MA 01230
United States

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