ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $5,212 | Benefits minus costs | $22,754 | |||
Participants | $12,197 | Benefit to cost ratio | $29.16 | |||
Others | $6,700 | Chance the program will produce | ||||
Indirect | ($547) | benefits greater than the costs | 100% | |||
Total benefits | $23,562 | |||||
Net program cost | ($808) | |||||
Benefits minus cost | $22,754 | |||||
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). |
13 | 1 | 14078 | 0.064 | 0.015 | 18 | 0.064 | 0.015 | 18 | 0.064 | 0.001 | |
Suspensions/expulsions^ In-school suspensions, out-of-school suspensions, or expulsions from school |
13 | 1 | 14078 | 0.389 | 0.016 | 13 | n/a | n/a | n/a | 0.389 | 0.001 | |
Test scores Standardized, validated tests of academic achievement. |
13 | 3 | 27605 | 0.061 | 0.032 | 13 | 0.050 | 0.035 | 17 | 0.061 | 0.059 | |
School attendance^ Number or percentage of school days present in a given enrollment period. |
13 | 1 | 14078 | -0.012 | 0.012 | 13 | n/a | n/a | n/a | -0.012 | 0.317 | |
Graduate with 4-year degree Graduate with a degree from a 4-year higher education institution. |
13 | 1 | 14078 | 0.242 | 0.024 | 22 | 0.242 | 0.024 | 22 | 0.242 | 0.001 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
High school graduation | Criminal justice system | $35 | $0 | $86 | $17 | $138 |
Enroll in 2-year college | Labor market earnings associated with higher education | $5,497 | $12,950 | $6,975 | $0 | $25,422 |
Costs of higher education | ($320) | ($754) | ($360) | ($160) | ($1,595) | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($404) | ($404) |
Totals | $5,212 | $12,197 | $6,700 | ($547) | $23,562 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $808 | 2023 | Present value of net program costs (in 2023 dollars) | ($808) |
Comparison costs | $0 | 2023 | Cost range (+ or -) | 30% |
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. |
Dougherty, S.M. (2015). Bridging the discontinuity in adolescent literacy?: Mixed evidence from a middle grades intervention. Education, Finance, and Policy, 10(2), 157-192.
Özek, U. (2021). The effects of middle school remediation on postsecondary success: Regression discontinuity evidence from Florida. Journal of Public Economics, 203, 104518.
Nomi, T. (2015). “Double-dose” English as a strategy for improving adolescent literacy: Total effect and mediated effect through classroom peer ability change. Social Science Research, 52, 716-739.