|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$6,363||Benefits minus costs||$12,642|
|Participants||$13,639||Benefit to cost ratio||$3.13|
|Others||$1,023||Chance the program will produce|
|Indirect||($2,444)||benefits greater than the costs||67 %|
|Net program cost||($5,938)|
|Benefits minus cost||$12,642|
|Detailed Monetary Benefit Estimates Per Participant|
|Benefits from changes to:1||Benefits to:|
|Labor market earnings associated with major depression||($77)||($170)||$0||($2)||($249)|
|Health care associated with major depression||($25)||($8)||($31)||($12)||($76)|
|Labor market earnings associated with anxiety disorder||$1,573||$3,464||$0||$0||$5,037|
|Health care associated with anxiety disorder||$142||$46||$175||$71||$434|
|From secondary participant|
|Child abuse and neglect||$160||$1,810||$0||$80||$2,049|
|K-12 grade repetition||$52||$0||$0||$26||$79|
|K-12 special education||$240||$0||$0||$120||$360|
|Property loss associated with alcohol abuse or dependence||$0||$1||$1||$0||$2|
|Health care associated with PTSD||$236||$77||$293||$117||$724|
|Labor market earnings associated with child abuse & neglect||$3,913||$8,617||$0||$42||$12,572|
|Costs of higher education||($233)||($197)||($64)||($116)||($611)|
|Adjustment for deadweight cost of program||$0||$0||$0||($2,961)||($2,961)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$5,368||2008||Present value of net program costs (in 2016 dollars)||($5,938)|
|Comparison costs||$0||2008||Cost range (+ or -)||20 %|
|Estimated Cumulative Net Benefits Over Time (Non-Discounted Dollars)|
|The graph above illustrates the estimated cumulative net benefits per-participant for the first fifty years beyond the initial investment in the program. We present these cash flows in non-discounted dollars to simplify the “break-even” point from a budgeting perspective. If the dollars are negative (bars below $0 line), the cumulative benefits do not outweigh the cost of the program up to that point in time. The program breaks even when the dollars reach $0. At this point, the total benefits to participants, taxpayers, and others, are equal to the cost of the program. If the dollars are above $0, the benefits of the program exceed the initial investment.|
|Meta-Analysis of Program Effects|
|Outcomes measured||Primary or secondary participant||No. of effect sizes||Treatment N||Adjusted effect sizes (ES) and standard errors (SE) used in the benefit-cost analysis||Unadjusted effect size (random effects model)|
|First time ES is estimated||Second time ES is estimated|
|High school graduation||Primary||1||392||0.000||0.092||19||0.000||0.092||19||0.062||0.504|
|Major depressive disorder||Primary||3||152||0.012||0.122||22||0.006||0.149||24||0.012||0.920|
|Repeat teen birth^||Primary||2||79||-0.071||0.219||19||-0.071||0.219||19||-0.131||0.552|
|Repeat teen pregnancy^||Primary||4||129||0.056||0.159||19||0.056||0.159||19||-0.041||0.795|
|Child abuse and neglect||Secondary||6||363||-0.404||0.182||3||-0.404||0.182||3||-0.404||0.027|
|Preschool test scores^||Secondary||5||169||0.136||0.117||3||0.029||0.128||17||0.229||0.105|
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