ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $137 | Benefits minus costs | ($692) | |||
Participants | $519 | Benefit to cost ratio | $0.35 | |||
Others | $299 | Chance the program will produce | ||||
Indirect | ($583) | benefits greater than the costs | 19% | |||
Total benefits | $371 | |||||
Net program cost | ($1,063) | |||||
Benefits minus cost | ($692) | |||||
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 | |||||
Persistence within 1st year Persistence from enrollment through the end of the first year of higher education in a 2- or 4-year institution. |
20 | 4 | 2738 | 0.026 | 0.028 | 20 | 0.026 | 0.028 | 20 | 0.026 | 0.360 | |
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. |
20 | 2 | 1377 | 0.048 | 0.040 | 21 | 0.048 | 0.040 | 21 | 0.048 | 0.229 | |
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. |
20 | 4 | 2738 | 0.091 | 0.044 | 21 | n/a | n/a | n/a | 0.091 | 0.038 |
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 | $240 | $567 | $299 | $0 | $1,106 |
Costs of higher education | ($103) | ($48) | $0 | ($52) | ($203) | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($532) | ($532) |
Totals | $137 | $519 | $299 | ($583) | $371 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $868 | 2016 | Present value of net program costs (in 2023 dollars) | ($1,063) |
Comparison costs | $0 | 2016 | Cost range (+ or -) | 20% |
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. |
Scrivener, S., Bloom, D., LeBlanc, A., Paxson, C., Rouse, C.E., & Sommo, C. (2008). A good start: Two-year effects of a freshmen learning community program at Kingsborough Community College. New York, NY: MDRC.
Weissman, E., Butcher, K.F., Schneider, E., Teres J., Collado, H. Greenberg, D. & Welbeck, R. (2011). Learning communities for students in developmental math: Impact studies at Queensborough and Houston community colleges. New York: National Center for Postsecondary Research.
Weissman, E., Cullinan, D., Cerna, O., Richman, P., & Grossman, A. (2012). Learning communities for students in Developmental English: Impact studies at Merced College and the Community College of Baltimore County. New York: National Center for Postsecondary Research.