ALL |
META-ANALYSIS |
CITATIONS |
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Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | ($611) | Benefits minus costs | ($6,992) | |||
Participants | ($2,542) | Benefit to cost ratio | ($6.05) | |||
Others | ($2,680) | Chance the program will produce | ||||
Indirect | ($167) | benefits greater than the costs | 19% | |||
Total benefits | ($6,000) | |||||
Net program cost | ($992) | |||||
Benefits minus cost | ($6,992) | |||||
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 | |||||
Remedial credits earned^ Course credit earned in courses that are below college level. Also called developmental credits or basic skills credits, these often do not count toward graduation requirements. |
24 | 1 | 1073 | 0.086 | 0.043 | 27 | n/a | n/a | n/a | 0.086 | 0.046 | |
College grade point average^ Grade point average in a higher education institution. |
24 | 2 | 1093 | -0.006 | 0.059 | 27 | n/a | n/a | n/a | -0.006 | 0.917 | |
Graduate with 2-year degree Graduate with a degree from a 2-year higher education institution. |
24 | 1 | 1073 | -0.105 | 0.323 | 27 | -0.105 | 0.323 | 27 | -0.105 | 0.744 | |
Transfer from 2- to 4-year college Enroll in a 4-year higher education institution. |
24 | 1 | 1073 | -0.077 | 0.058 | 27 | -0.077 | 0.058 | 27 | -0.077 | 0.181 | |
Persistence into 2nd year Completion of the first year and re-enrollment in the second year of higher education in a 2- or 4-year institution. |
24 | 1 | 1073 | 0.098 | 0.053 | 27 | 0.098 | 0.053 | 27 | 0.098 | 0.064 | |
Persistence into 3rd year Completion of the second year and enrollment into a third year of higher education in a 2- or 4-year institution. |
24 | 1 | 1073 | 0.079 | 0.056 | 27 | 0.079 | 0.056 | 27 | 0.079 | 0.155 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Persistence into 2nd year | Labor market earnings associated with higher education | $522 | $1,229 | $648 | $0 | $2,399 |
Costs of higher education | ($303) | ($140) | $0 | ($151) | ($594) | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($16) | ($7,806) |
Totals | ($611) | ($2,542) | ($2,680) | ($167) | ($6,000) | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $733 | 2009 | Present value of net program costs (in 2023 dollars) | ($992) |
Comparison costs | $0 | 2009 | 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. |
Conklin, J.F. (2009). The impact of developmental and intrusive academic advising on grade point average, retention, and satisfaction with advising and the nursing program among first semester nontraditional associate degree nursing students. (Doctoral dissertation). Walden University.
Scrivener, S., & Weiss, M.J. (2009). More guidance, better results? Three-year effects of an enhanced student services program at two community colleges. New York, NY: Manpower Demonstration Research Corporation