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The Economic Impact of Investing in Early Childhood Education

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The Economic Impact of Investing in Early Childhood Education Mike Packnett President & CEO Parkview Health September 24, 2014
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The Economic Impact of

Investing in Early Childhood

Education

Mike Packnett

President & CEO

Parkview Health

September 24, 2014

Building a Bright Future

Together!

Building a Bright Future –

Together!

• Won’t happen if 50% of our future

workforce isn’t prepared to learn

– Must invest in our future workforce

• Definitely not an expert in early childhood

• Need more business leaders involved!

Three Words

• Convene

• Confront

• Collaborate

Three Areas of Focus

• Healthcare

• Economic Development

• Early Childhood Development

Healthcare

• Convene

– Deep Dives: SE Fort Wayne

• Confront

– Core Issues: access to good food, access to

care

• Collaborate

– Food bank, Associated Churches,

Neighborhood Health Clinic, community

gardens

SE Clinic Hessen Cassel & Paulding Roads

Neighborhood Health Clinic

Healthcare Collaboration

• Noble County Partners

– United Way

– Noble Transit

– LEAP

– Cole Center YMCA

– BABE Program

– Drug Free Noble County

– Noble County EDC

– Noble County ARC

– Common Grace

– Noble House

Healthcare

• Noble County Collaborations

– Activate Noble County

– Health Summit

– Community Nurse Educator

– Walk to School Day

– LiVe Healthy Families

– Take Charge of Your Health

– Dining with Diabetes

– Medication Assistance

Economic Development

• Convene

– Meetings across NE Indiana

5 years ago – Vision 2020

• Confront

– Incomes down / jobs leaving the area

Confronting the Reality

Per Capita Income

$41,560

($19.98/hr)

$8,336

($4.00/hr)

$33,221

($15.97/hr)

Economic Development

• Convene – Meetings across NE Indiana

5 years ago – Vision 2020

• Confront – Incomes down / jobs leaving the

area

• Collaborate

– NE Indiana Regional Partnership (Vision 2020)

– Regional Chamber (advocacy)

– Local economic development organizations

– NE Indiana Works

Noble County Leaders

Involved in Regional Efforts • Rick Sherck, Noble County EDC | LEDO Council

• Margaux Dazey, Noble County EDC |LEDO partner

• Mitch Shaefer, Noble County EDC | LEDO partner

• Bob Marshall, Campbell & Fetter State Bank/Noble County EDC Board Chair | RP

Board Member

• John English, Former Noble County EDC Board Chair | Former RP Board Member

• Stuart Hood, Community State Bank | Regional Opportunities Council Member

• Mindy Bobay, Community State Bank | Regional Opportunities Council Proxy

• Dave Dolezal, Noble County Commissioners | Mayors’ & Commissioners’ Caucus

• Chad Kline, Noble County Commissioners | Mayors’ & Commissioners’ Caucus

• Gary Leatherman, Noble County Commissioners | Mayors’ & Commissioners’ Caucus

• Melissa Carpenter, Freedom Academy | Big Goal Collaborative

• Sandra Hadley, Freedom Academy| Workforce/Training partner

• Anita Shepherd, Freedom Academy| Workforce/Training partner

Noble County Leaders

Involved in Regional Efforts • Monte Egolf, Noble County REMC | Investor

• Tom Leedy, Dekko Foundation | Foundation Grantor, Our Story Project Steering Committee,

Vision 2020 founding group

• Kimberly Schroeder—Dekko Foundation

• Sheryl Prentice, Noble County Visitors’ Bureau | Our Story Project

• Dave Ober, Noble County Visitors’ Bureau | Our Story Project

• Mayor Suzanne Handshoe, City of Kendallville | Regional Partnership Board, Regional

Opportunities Council, Mayors’ & Commissioners’ Caucus

• Phyllis Herendeen, Albion Chamber of Commerce | Our Story Project

• Julie Farver, Avilla Chamber of Commerce | Our Story Project

• Doug Harris, Avilla Chamber of Commerce | Our Story Project

• Lynette Leamon, Ligonier Chamber of Commerce | Our Story Project

• Terry Ward, KPC Media Group | Regional Opportunities Council, Our Story Project Steering

Committee, others

• Barry Rochford, KPC Media Group | Investor

• Denise Lemmon – Leap of Noble County | Big Goal Collaborative

• Judith Cunningham – Oak Farm Montessori School (formerly) | Big Goal Collaborative

• Megan O’Sullivan – Oak Farm Montessori School | Big Goal Collaborative

• Tim Holcombe, Retired from IMPACT Institute| Big Goal Collaborative

• Jim Walmsley, IMPACT Institute | Big Goal Collaborative

Vision 2020 Mission:

Develop, Attract and Retain Talent

Big Goal Collaborative

• Double the number of advanced

certificates or college degrees by 2025

– Birth to Career

• Early Childhood

• Pre-K – High School

• Post Secondary

175 regional leaders involved

Early Childhood Development

• Convene

– Business leaders

• Confront

– Children not prepared to learn

• Collaborate

– Partnerships with care givers, educators,

foundations, business

Learning From Others

• Perry Township, Ypsilanti, Michigan

• Perry Preschool Study - Began in 1962

• Landmark study of human and financial

value of high quality preschool education

• Randomized study

– Lower incidence of crime

– High earnings

– Higher educational attainment

– More married vs single parents

Learning From Others

• Quebec

– ―Crazy about our kids‖

• China

• Cincinnati Pledge

The Cincinnati Preschool

Promise Pledge I believe that every child should have access

to quality preschool. I know that children

who receive two years of quality preschool

enter kindergarten ready to learn, are more

likely to read on grade level in the third

grade, and have a higher likelihood of

graduating from high school and entering

college or a career. I pledge to support the

Cincinnati Preschool Promise because

every child deserves a fair start.

Indianapolis Mayor and

Companies – Stepping Up • Mayor’s Pre-K Initiative - $50 million

– Eli Lilly

• $2 million pledge

• Will help raise $10 million

– Others involved:

• Cummins

• IU Health

• Finish Line, Inc.

• Chase Bank, Indiana

Early Childhood Development

in Noble County • Many great things happening:

– Dekko Foundation – ―Great things happen

when adults step back and consider what

children need to grow and develop.‖

– before5 – Parents hold the potential – change

from overwhelmed to overjoyed

– bloom! – more good days in the classroom

Early Childhood

ROI for Proven Early

Childhood Strategies

$2

$6$6

$8

$4

$10

$$3.23

Abecedarian Project

(early care and

education aged 0-5)

$5.70

Nurse Family Partnership

(home visiting prenatal –

age 2 for high risk group)

Perry Preschool

(early education

age 3-4)

Total Return per $ Invested

Center on the Developing Child at Harvard University, Karoly et al. 2005, Heckman et al. 2009

Break-

Even

Point 0

$9.20

Early Childhood by the Numbers

30 million

1 in 4

1 in 4

$17 million

$1.2 million

Words heard gap at 3 years

Need intensive help at K

Kids age 0-4 in poverty in AC

Cost of 3,600 held back in K – IN

Cost in NE Indiana alone

0

200

400

600

800

1000

1200

9 12 15 18 21 24 27 30 33 36

Age of child in months

Vo

ca

bu

lary

Siz

e

Disparities in Early Vocabulary Growth

Hart, B. & Risley, T.R. (2003). The Early Catastrophe: The 30 Million Word Gap by Age 3.

Professional

Families

1,116 words

Working Class

Families

749 words

Welfare

Families

525 words

Importance of

talking to your

children

Sensitive Periods in Early Brain Development

Vision

0 1 2 3 7 6 5 4

High

Low

Years

Habitual ways of responding

Emotional control

Symbol

Peer social skills Numbers

Hearing

Graph developed by Council for Early Child Development (ref: Nash, 1997;

Early Years Study, 1999; Shonkoff, 2000.)

Pre-school years School years

Language

United Way ―Let’s Talk‖

Initiative Goals • Improve health outcomes for children and

help them enter kindergarten prepared for

success in school.

• Improve the quality and quantity of

conversations between children and their

parents starting at birth, if not before.

Let’s Talk Key

Messages for Parents • Learning begins at birth.

• Talk with your child as much as possible during

everyday activities in the language you speak

best.

• Engage in conversations that are back-and-forth

• Read every day with your child and talk with

them at least as much as you read to them.

Foundations of lifelong

–Learning

–Behavior

–Health

begin in early childhood

What Path Will She Take?

How do we Show We’re Really Crazy

About Our Kids in Northeast Indiana?

• Convene – Leaders

– Educate

– Equip to advocate

• Confront – the issues of children

unprepared to learn. How do we produce

exceptional 18 year olds prepared for

success in college, career and community

• Collaborate – strengthening partnerships

• Babies born each year in NE Indiana – 9,300

• Babies born each year in Noble County – 550

• >50% of our future workforce will not be

prepared to learn - 225

• Many great efforts underway, but more work to

do

– More high quality early learning centers

Thank you!

Thank you!


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