ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $20,341 | Benefits minus costs | $38,017 | |||
Participants | $17,652 | Benefit to cost ratio | $4.19 | |||
Others | $10,976 | Chance the program will produce | ||||
Indirect | $961 | benefits greater than the costs | 91% | |||
Total benefits | $49,930 | |||||
Net program cost | ($11,914) | |||||
Benefits minus cost | $38,017 | |||||
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 | |||||
K-12 grade repetition Repeating a grade. This is sometimes called "grade retention." |
3 | 1 | 893 | -0.446 | 0.147 | 13 | -0.446 | 0.147 | 13 | -0.446 | 0.002 | |
High school graduation On-time completion of high school with a diploma (excluding GED attainment). |
3 | 1 | 893 | 0.229 | 0.158 | 18 | 0.229 | 0.158 | 18 | 0.229 | 0.146 | |
K-12 special education Placement into special education services. |
3 | 1 | 893 | -0.401 | 0.170 | 16 | -0.401 | 0.170 | 16 | -0.401 | 0.018 | |
Regular smoking Smoking tobacco on a regular basis. |
3 | 1 | 722 | -0.014 | 0.090 | 17 | -0.014 | 0.090 | 27 | -0.014 | 0.877 | |
Child abuse and neglect Substantiated or founded reports to child protective services. |
3 | 1 | 893 | -0.394 | 0.196 | 15 | -0.394 | 0.196 | 17 | -0.394 | 0.044 | |
Out-of-home placement The removal of a child from parental care, most often to foster care. |
3 | 1 | 893 | -0.319 | 0.265 | 15 | -0.319 | 0.265 | 17 | -0.319 | 0.229 | |
Crime Any criminal conviction according to court records, sometimes measured through charges, arrests, incarceration, or self-report. |
3 | 1 | 893 | -0.209 | 0.184 | 22 | -0.209 | 0.184 | 30 | -0.209 | 0.258 | |
Test scores Standardized, validated tests of academic achievement. |
3 | 1 | 852 | 0.191 | 0.058 | 12 | 0.147 | 0.064 | 17 | 0.191 | 0.001 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Crime | Criminal justice system | $1,382 | $0 | $2,802 | $691 | $4,875 |
Test scores | Labor market earnings associated with test scores | $6,539 | $15,403 | $8,119 | $0 | $30,060 |
Child abuse and neglect | Child abuse and neglect | $210 | $2,231 | $0 | $105 | $2,546 |
Property loss associated with alcohol abuse or dependence | $0 | $1 | $1 | $0 | $1 | |
Mortality associated with child abuse and neglect | $1 | $2 | $0 | $17 | $20 | |
K-12 grade repetition | K-12 grade repetition | $559 | $0 | $0 | $280 | $839 |
K-12 special education | K-12 special education | $11,242 | $0 | $0 | $5,621 | $16,863 |
Out-of-home placement | Out-of-home placement | $355 | $0 | $0 | $177 | $532 |
Regular smoking | Health care associated with smoking | $53 | $15 | $55 | $27 | $150 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($5,957) | ($5,957) |
Totals | $20,341 | $17,652 | $10,976 | $961 | $49,930 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $5,597 | 2007 | Present value of net program costs (in 2023 dollars) | ($11,914) |
Comparison costs | $0 | 2007 | Cost range (+ or -) | 30% |
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. |
Reynolds, A.J., Temple, J.A., Robertson, D.L., & Mann, E.A. (2002). Age 21 cost-benefit analysis of the Title I Chicago Child-Parent Centers. Educational Evaluation and Policy Analysis, 24(4), 267-303.
Reynolds, A.J., Temple, J.A., White, B.A., Ou, S.R., & Robertson, D.L. (2011). Age-26 cost-benefit analysis of the child-parent center early education program. Child Development, 82(1), 379-404.
Topitzes, J., Mersky, J.P., Godes, O., Ceglarek, S., & Reynolds, A.J. (2009). Educational success and adult health: Findings from the chicago longitudinal study. Prevention Science, 10(2), 175-195.