ALL |
META-ANALYSIS |
CITATIONS |
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Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $1,862 | Benefits minus costs | $6,501 | |||
Participants | $4,386 | Benefit to cost ratio | $5.74 | |||
Others | $2,312 | Chance the program will produce | ||||
Indirect | ($686) | benefits greater than the costs | 88% | |||
Total benefits | $7,874 | |||||
Net program cost | ($1,372) | |||||
Benefits minus cost | $6,501 | |||||
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 | |||||
Test scores Standardized, validated tests of academic achievement. |
9 | 13 | 46259 | 0.064 | 0.020 | 9 | 0.038 | 0.022 | 17 | 0.064 | 0.002 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Test scores | Labor market earnings associated with test scores | $1,862 | $4,386 | $2,312 | $0 | $8,560 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($686) | ($686) |
Totals | $1,862 | $4,386 | $2,312 | ($686) | $7,874 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $1,132 | 2013 | Present value of net program costs (in 2022 dollars) | ($1,372) |
Comparison costs | $0 | 2013 | 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. |
Borman, G.D., & Dowling, N. (2006). Longitudinal achievement effects of multiyear summer school: Evidence from the Teach Baltimore randomized field trial. Educational Evaluation & Policy Analysis, 28(1), 25-48.
Borman, G.D., Goetz, M. E., & Dowling, N.M. (2009). Halting the summer achievement slide: A randomized field trial of the KindergARTen summer camp. Journal of Education for Students Placed at Risk, 14(2), 133-147.
Chaplin, D., & Capizzano, J. (2006). Impacts of a summer learning program: A random assignment study of Building Educated Leaders for Life (BELL). Washington DC: Urban Institute.
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Jacob, B.A., & Lefgren, L. (2004). Remedial education and student achievement: A regression-discontinuity analysis. The Review of Economics and Statistics, 86(1), 226-244.
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