ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $4,413 | Benefits minus costs | $20,056 | |||
Participants | $10,395 | Benefit to cost ratio | $131.78 | |||
Others | $5,479 | Chance the program will produce | ||||
Indirect | ($77) | benefits greater than the costs | 65% | |||
Total benefits | $20,210 | |||||
Net program cost | ($153) | |||||
Benefits minus cost | $20,056 | |||||
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 | 2 | 142 | 0.130 | 0.209 | 10 | 0.086 | 0.230 | 17 | 0.157 | 0.453 |
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 | $4,413 | $10,395 | $5,479 | $0 | $20,286 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($77) | ($77) |
Totals | $4,413 | $10,395 | $5,479 | ($77) | $20,210 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $480 | 2018 | Present value of net program costs (in 2023 dollars) | ($153) |
Comparison costs | $350 | 2018 | Cost range (+ or -) | 40% |
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. |
Craig, S.D., Hu, X., Graesser, A.C., Bargagliotti, A.E., Sterbinsky, A., Cheney, K.R., & Okwumabua, T. (2013). The impact of a technology-based mathematics after-school program using ALEKS on student's knowledge and behaviors. Computers & Education, 68, 495-504.
Fuchs, L.S., Fuchs, D., Hamlet, C.L., Powell, S.R., Capizzi, A.M., & Seethaler, P.M. (2006). The effects of computer-assisted instruction on number combination skill in at-risk first graders. Journal of Learning Disabilities, 39(5), 467-475.