ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $3,335 | Benefits minus costs | $11,797 | |||
Participants | $4,252 | Benefit to cost ratio | $64.36 | |||
Others | $3,622 | Chance the program will produce | ||||
Indirect | $774 | benefits greater than the costs | 76% | |||
Total benefits | $11,983 | |||||
Net program cost | ($186) | |||||
Benefits minus cost | $11,797 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | 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 | |||||||||||
ES | SE | Age | ES | SE | Age | ES | p-value | |||||
High school graduation On-time completion of high school with a diploma (excluding GED attainment). |
7 | 2 | 181 | 0.075 | 0.145 | 20 | 0.075 | 0.145 | 20 | 0.198 | 0.183 | |
Smoking before end of middle school Any smoking of tobacco by the end of middle school, typically by age 13. |
7 | 1 | 263 | -0.238 | 0.092 | 11 | -0.238 | 0.092 | 13 | -0.238 | 0.010 | |
Regular smoking Smoking tobacco on a regular basis. |
7 | 2 | 181 | -0.107 | 0.206 | 20 | -0.107 | 0.206 | 30 | -0.280 | 0.175 | |
Alcohol use disorder Clinical diagnosis of alcohol use disorder or symptoms measured on a validated scale. |
7 | 1 | 176 | -0.118 | 0.322 | 20 | -0.118 | 0.322 | 30 | -0.312 | 0.374 | |
Major depressive disorder Clinical diagnosis of major depression or symptoms measured on a validated scale. |
7 | 3 | 424 | -0.118 | 0.145 | 15 | 0.000 | 0.310 | 17 | -0.126 | 0.388 | |
Illicit drug use disorder Clinical diagnosis of illicit drug use disorder or symptoms measured on a validated scale. When possible, we exclude cannabis/marijuana use disorder from this outcome. |
7 | 2 | 181 | -0.095 | 0.209 | 20 | -0.095 | 0.209 | 30 | -0.242 | 0.264 | |
Anxiety disorder Clinical diagnosis of an anxiety disorder (e.g., general anxiety, panic, social anxiety, obsessive compulsive disorder) or symptoms measured on a validated scale. |
7 | 3 | 424 | -0.089 | 0.138 | 15 | -0.035 | 0.071 | 16 | -0.069 | 0.615 | |
Externalizing behavior symptoms Symptoms of externalizing behavior (e.g., aggressive, hostile, or disruptive behavior) measured on a validated scale. |
7 | 2 | 425 | -0.586 | 0.124 | 8 | -0.322 | 0.158 | 11 | -0.586 | 0.001 | |
Suicide attempts^ An attempt to die by suicide resulting in survival. |
7 | 1 | 178 | -0.118 | 0.173 | 20 | n/a | n/a | n/a | -0.309 | 0.106 | |
Antisocial personality disorder^ Clinical diagnosis of antisocial personality disorder or symptoms measured on a validated scale. |
7 | 1 | 179 | -0.112 | 0.294 | 20 | n/a | n/a | n/a | -0.295 | 0.350 | |
Smoking before end of high school Any smoking of tobacco by the end of high school, typically between ages 14 and 18. |
7 | 1 | 348 | -0.073 | 0.083 | 13 | -0.073 | 0.083 | 18 | -0.193 | 0.023 | |
Attention-deficit/hyperactivity disorder symptoms Clinical diagnosis of attention-deficit/hyperactivity disorder (ADHD) or symptoms measured on a validated scale. |
7 | 1 | 263 | -0.270 | 0.092 | 9 | 0.000 | 0.141 | 10 | -0.270 | 0.004 | |
Suicidal ideation^ Thinking about and/or planning death by suicide. |
7 | 1 | 178 | -0.159 | 0.151 | 20 | n/a | n/a | n/a | -0.420 | 0.015 | Click to expand | Click to collapse |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
High school graduation | Labor market earnings associated with high school graduation | $1,844 | $4,343 | $2,359 | $0 | $8,545 |
Costs of higher education | ($263) | ($398) | ($119) | ($131) | ($911) | |
Regular smoking | Mortality associated with smoking | $4 | $8 | $0 | $124 | $136 |
Alcohol use disorder | Property loss associated with alcohol abuse or dependence | $0 | $5 | $9 | $0 | $14 |
Anxiety disorder | K-12 grade repetition | $4 | $0 | $0 | $2 | $6 |
Externalizing behavior symptoms | Criminal justice system | $134 | $0 | $303 | $67 | $505 |
K-12 special education | $575 | $0 | $0 | $287 | $862 | |
Health care associated with externalizing behavior symptoms | $1,037 | $293 | $1,070 | $518 | $2,919 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($93) | ($93) |
Totals | $3,335 | $4,252 | $3,622 | $774 | $11,983 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $73 | 2011 | Present value of net program costs (in 2023 dollars) | ($186) |
Comparison costs | $0 | 2011 | Cost range (+ or -) | 10% |
Benefits Minus Costs |
Benefits by Perspective |
Taxpayer Benefits by Source of Value |
Benefits Minus Costs Over Time (Cumulative 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 discounted dollars. 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. |
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