ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $3,748 | Benefits minus costs | $16,879 | |||
Participants | $8,829 | Benefit to cost ratio | $73.27 | |||
Others | $4,653 | Chance the program will produce | ||||
Indirect | ($117) | benefits greater than the costs | 93% | |||
Total benefits | $17,113 | |||||
Net program cost | ($234) | |||||
Benefits minus cost | $16,879 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | 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 | |||||||||||
ES | SE | Age | ES | SE | Age | ES | p-value | |||||
Test scores Standardized, validated tests of academic achievement. |
13 | 2 | 1078 | 0.082 | 0.043 | 14 | 0.071 | 0.048 | 17 | 0.190 | 0.001 |
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 | $3,748 | $8,829 | $4,653 | $0 | $17,230 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($117) | ($117) |
Totals | $3,748 | $8,829 | $4,653 | ($117) | $17,113 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $98 | 2013 | Present value of net program costs (in 2022 dollars) | ($234) |
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. |
Allen, J.P., Mikami, A.Y., Pianta, R.C., Gregory, A., & Lun, J. (2011). An interaction-based approach to enhancing secondary school instruction and student achievement. Science, 333(6045), 1034-1037.
Allen, J.P., Hafen, C.A., Gregory, A.C., Mikami, A.Y., & Pianta, R. (2015). Enhancing secondary school instruction and student achievement: Replication and extension of the My Teaching Partner-Secondary intervention. Journal of Research on Educational Effectiveness, 8(4), 475-489.