|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$4,415||Benefits minus costs||$5,205|
|Participants||$7,869||Benefit to cost ratio||$1.89|
|Others||$824||Chance the program will produce|
|Indirect||($2,032)||benefits greater than the costs||63 %|
|Net program cost||($5,870)|
|Benefits minus cost||$5,205|
|Detailed Monetary Benefit Estimates Per Participant|
|Benefits from changes to:1||Benefits to:|
|Labor market earnings associated with major depression||$293||$646||$0||$7||$946|
|Health care associated with major depression||$92||$30||$114||$46||$282|
|From secondary participant|
|Child abuse and neglect||$70||$1,521||$0||$35||$1,627|
|K-12 grade repetition||$52||$0||$0||$26||$77|
|K-12 special education||$242||$0||$0||$122||$364|
|Property loss associated with alcohol abuse or dependence||$0||$1||$1||$0||$2|
|Health care associated with PTSD||$245||$80||$304||$124||$753|
|Labor market earnings associated with child abuse & neglect||$2,743||$6,039||$0||$216||$8,998|
|Costs of higher education||($231)||($195)||($73)||($116)||($615)|
|Adjustment for deadweight cost of program||$0||$0||$0||($2,948)||($2,948)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$5,368||2008||Present value of net program costs (in 2015 dollars)||($5,870)|
|Comparison costs||$0||2008||Cost range (+ or -)||10 %|
|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||0.062||0.093||22||0.062||0.093||22||0.062||0.504|
|Child abuse and neglect||Secondary||11||667||-0.448||0.219||10||-0.448||0.219||17||-0.448||0.041|
|Major depressive disorder||Primary||4||249||-0.062||0.094||22||-0.032||0.115||23||-0.062||0.508|
|Repeat teen pregnancy||Primary||6||575||0.078||0.080||19||0.078||0.080||19||0.071||0.371|
|Repeat teen birth||Primary||6||650||-0.109||0.141||19||-0.109||0.141||19||-0.109||0.437|
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