ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $59 | Benefits minus costs | $388 | |||
Participants | $525 | Benefit to cost ratio | $2.20 | |||
Others | $376 | Chance the program will produce | ||||
Indirect | ($248) | benefits greater than the costs | 65% | |||
Total benefits | $713 | |||||
Net program cost | ($325) | |||||
Benefits minus cost | $388 | |||||
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 | |||||
Persistence within 1st year Persistence from enrollment through the end of the first year of higher education in a 2- or 4-year institution. |
18 | 1 | 458 | 0.038 | 0.066 | 18 | 0.038 | 0.066 | 18 | 0.038 | 0.568 | |
Graduate with 2-year degree Graduate with a degree from a 2-year higher education institution. |
18 | 1 | 12245 | 0.026 | 0.015 | 21 | 0.026 | 0.015 | 21 | 0.048 | 0.001 | |
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. |
18 | 1 | 458 | 0.007 | 0.066 | 19 | 0.007 | 0.066 | 19 | 0.007 | 0.912 | |
College grade point average^ Grade point average in a higher education institution. |
18 | 1 | 86 | 0.024 | 1.808 | 21 | n/a | n/a | n/a | 0.024 | 0.990 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Enroll in 2-year college | Labor market earnings associated with higher education | $231 | $544 | $364 | $0 | $1,139 |
Costs of higher education | ($172) | ($18) | $12 | ($86) | ($264) | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($162) | ($162) |
Totals | $59 | $525 | $376 | ($248) | $713 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $236 | 2006 | Present value of net program costs (in 2022 dollars) | ($325) |
Comparison costs | $0 | 2016 | Cost range (+ or -) | 25% |
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. |
Glass, J.C., & Garrett, M.S. (1995). Student participation in a college orientation course, retention, and grade point average. Community College Journal of Research and Practice, 19(2), 117-132.
Rutschow E.Z., Cullinan, D. & Welbeck, R. (2012). Keeping students on course: An impact study of a student success course at Guildord Technical Community College. New York: MRDC.
Zeidenberg, M., Jenkins, D., & Calcagno, J.C. (2007). Do student success courses actually help community college students succeed? (CCRC Brief Number 36). New York: Community College Research Center.