A hearing was held to discuss the future of Project Head Start. Witnesses from corporations offered testimony supporting the strengthening of early childhood education, particularly Head Start, and urging the federal government to give increased attention to early childhood education. Subsequent testimony from experts, program directors, and participants concerned: (1) the need for increased leadership from the business community on early childhood issues; (2) aspects of program quality and the need for Head Start to accommodate itself to current demographics; (3) the costs of good programs and two examples of the way programs can be focused to increase gains from available resources; (4) several areas of concern for Head Start, including social and economic trends and conditions affecting the program; and (5) a Head Start participant's views on expansion and improvement of the program. Also included in the document is a 1988 report that provides a cost-benefit analysis of government investment in postsecondary education under the World War II GI bill. Analysts found that for every dollar the government invested in education under the GI bill, the nation received at least $5, and as many as $12.50, of benefits. These extraordinarily high ratios of benefits to costs are far above the returns earned by most other forms of investment. (RH)