Study of Early Education and Development (SEED): The Potential Value for Money of Early Education

This document assesses the effectiveness and economic value of early education interventions aimed at enhancing child development and academic achievement during Key Stage 1. The policy's objective is to improve cognitive and social skills in children aged three to seven, anticipating long-term benefits and financial gains. The evaluation utilized regression analysis, cost-benefit analysis, and diverse evidence to quantify the policy's monetary impact. Findings suggest that early education can lead to substantial economic benefits, including lower costs for special education, decreased truancy and exclusion rates, and increased earnings. The report concludes that these interventions are likely to be cost-effective, potentially yielding significant long-term advantages for individuals, the government, and society. However, it acknowledges methodological limitations and the possibility of underestimating the policy's full impact. The analysis also highlights that a 3-point increase in Key Stage 1 attainment could be worth approximately £60,000, with benefits to both individuals and the government, and emphasizes the stronger link between Key Stage 1 performance and later outcomes compared to earlier developmental stages. **This summary was written by an AI model and therefore should not be considered a definitive summary of the report. If you are aware of inaccuracies, please email evaluation.registry@cabinetoffice.gov.uk.**

Description

Lead department
Department for Education (DfE)
Evaluation stage
A complete evaluation report
Other departments
No other departments listed
Evaluation types
Value for money evaluation
Process evaluation
Process methods
Other
Value for money methods
Cost-benefit analysis
Grant information
This intervention is not distributing funding via a grant
Government Major Project information
This intervention is not a major project
Policies
No policies provided

Event Dates

Event Name
Publication of final results
Event date
July 2017

Evaluation Costs

Cost
Not provided

Evaluation sharing

Link(s) to published report(s)
Yes
Links to evaluation plans
No link provided
Links to published evaluations
Findings
Not provided
Permission to share confirmed
Yes