|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$3,014||Benefits minus costs||$6,156|
|Participants||$5,890||Benefit to cost ratio||$3.29|
|Others||$685||Chance the program will produce|
|Indirect||($745)||benefits greater than the costs||67 %|
|Net program cost||($2,688)|
|Benefits minus cost||$6,156|
|Detailed Monetary Benefit Estimates Per Participant|
|Benefits from changes to:1||Benefits to:|
|From secondary participant|
|Child abuse and neglect||$380||$1,209||$0||$189||$1,777|
|K-12 grade repetition||$42||$0||$0||$21||$62|
|K-12 special education||$191||$0||$0||$95||$286|
|Property loss associated with alcohol abuse or dependence||$0||$1||$1||$0||$1|
|Health care associated with PTSD||$196||$64||$242||$97||$599|
|Labor market earnings associated with child abuse & neglect||$2,168||$4,774||$0||$173||$7,115|
|Costs of higher education||($185)||($157)||($59)||($92)||($493)|
|Adjustment for deadweight cost of program||$0||$0||$0||($1,339)||($1,339)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$1,450||2003||Present value of net program costs (in 2015 dollars)||($2,688)|
|Comparison costs||$0||2003||Cost range (+ or -)||10 %|
|Estimated Cumulative Net Benefits Over Time (Non-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 non-discounted dollars to simplify the “break-even” point from a budgeting perspective. 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.|
|Meta-Analysis of Program Effects|
|Outcomes measured||Primary or secondary participant||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|
|High school graduation||Primary||1||79||-0.018||0.189||22||-0.018||0.189||22||-0.018||0.926|
|Child abuse and neglect||Secondary||1||149||-0.378||0.537||3||-0.378||0.537||13||-0.378||0.482|
|Repeat teen birth||Primary||1||77||0.089||0.215||22||0.089||0.215||22||0.089||0.678|
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