There's a lot of talk about the importance of early childhood education, but a new study out of Thailand offers a real-world example of just how important it is.
The study by the Center for Asian Philanthropy and Society found that 85% of kids ages 3 to 6 in the country attend some sort of educational program, with programs "primarily grassroots efforts and community-led solutions which allow even the most marginalised children, from urban slums to construction sites in the north, to receive enriching early educational experiences," the group says in a press release.
The study also found that the investment in early childhood education pays off, with a 13% return on investment.
"One can therefore make the case that supporting early brain development is one of the most critical investments a society can make," the group says.
"In fact, Nobel Laureate James Heckman found that there is a positive 13% return on investment for early childhood education programs."
The education problem in Thailand is a big one, with many working parents sending their kids to school early.
Most early childhood education providers in Thailand can't accommodate children under two, and a shortage of qualified teachers has led to a downward spiral in the field, the press release notes.
philanthropy can help.
A customized collection of grant news from foundations and the federal government from around the Web.
First Enterprise Business Agency (FEBA), a Nottingham-based business support organization, is a contender for two categories at the first Citi Microentrepreneurship Awards to be held this coming February.