Opportunity cost and early education If in any given situation more than one choice is available, the “opportunity cost” is the cost incurred by …show more content…
Experts estimate that by 2050, excellent early childhood education will have yielded $304.7 billion in benefits—$81.6 billion in taxes and government benefits, $108.4 billion in better career possibilities, and $114.7 billion in savings from reduced crime rate and better public health (Lynch & Vaghul, 2015). Therefore, an excellent early childhood education has multiple benefits, the impact of which cannot be overstated; it is as much a benefit to society as it is a societal duty, as never again will the human brain be so efficient in learning new items than during early