ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $693 | Benefits minus costs | $2,658 | |||
Participants | $1,633 | Benefit to cost ratio | $8.54 | |||
Others | $861 | Chance the program will produce | ||||
Indirect | ($176) | benefits greater than the costs | 60% | |||
Total benefits | $3,010 | |||||
Net program cost | ($353) | |||||
Benefits minus cost | $2,658 | |||||
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. |
10 | 3 | 2245 | 0.020 | 0.037 | 11 | 0.014 | 0.041 | 17 | 0.143 | 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 | $693 | $1,633 | $861 | $0 | $3,186 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($176) | ($176) |
Totals | $693 | $1,633 | $861 | ($176) | $3,010 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $291 | 2013 | Present value of net program costs (in 2022 dollars) | ($353) |
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. |
Dash, S., de, Kramer, R.M., O'Dwyer, L.M., Masters, J., & Russell, M. (2012). Impact of online professional development on teacher quality and student achievement in fifth grade mathematics. Journal of Research on Technology in Education, 45(1), 1-26.
de Kramer, R.M., Masters, J., O'Dwyer, L.M., Dash, S., & Russell, M. (2012). Relationship of online teacher professional development to seventh-grade teachers' and students' knowledge and practices in English language arts. Teacher Educator, 47(3), 236-259.
Masters, J., Magidin, K.R., O'Dwyer, L., Dash, S., & Russell, M. (2012). The effects of online teacher professional development on fourth grade students' knowledge and practices in English language arts. Journal of Technology and Teacher Education, 20(1), 21-46.