ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $608 | Benefits minus costs | $2,655 | |||
Participants | $1,432 | Benefit to cost ratio | $29.45 | |||
Others | $755 | Chance the program will produce | ||||
Indirect | ($47) | benefits greater than the costs | 57% | |||
Total benefits | $2,749 | |||||
Net program cost | ($93) | |||||
Benefits minus cost | $2,655 | |||||
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. |
9 | 3 | 1018 | 0.019 | 0.061 | 10 | 0.013 | 0.067 | 17 | 0.019 | 0.752 |
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 | $608 | $1,432 | $755 | $0 | $2,795 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($47) | ($47) |
Totals | $608 | $1,432 | $755 | ($47) | $2,749 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $77 | 2013 | Present value of net program costs (in 2022 dollars) | ($93) |
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. |
Kim, J.S. (2007). The effects of a voluntary summer reading intervention on reading activities and reading achievement. Journal of Educational Psychology, 99(3), 505-515.
Kim, J.S., & White, T.G. (2008). Scaffolding voluntary summer reading for children in grades 3 to 5: An experimental study. Scientific Studies of Reading, 12(1), 1-23.
Wilkins, C., Gersten, R., Decker, L. E., Grunden, L., Brasiel, S., Brunnert, K., & Jayanthi, M. (2012). Does a Summer Reading Program Based on Lexiles Affect Reading Comprehension? Final Report (NCEE 2012-4006). Washington DC: U.S. Department of Education, National Center for Education Evaluation and Regional Assistance.