|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$5,210||Benefits minus costs||$17,226|
|Participants||$0||Benefit to cost ratio||$11.94|
|Others||$11,774||Chance the program will produce|
|Indirect||$1,817||benefits greater than the costs||98 %|
|Net program cost||($1,575)|
|Benefits minus cost||$17,226|
|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|
Any criminal conviction according to court records, sometimes measured through charges, arrests, incarceration, or self-report.
|Detailed Monetary Benefit Estimates Per Participant|
|Affected outcome:||Resulting benefits:1||Benefits accrue to:|
|Crime||Criminal justice system||$5,210||$0||$11,774||$2,605||$19,588|
|Program cost||Adjustment for deadweight cost of program||$0||$0||$0||($787)||($787)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$1,495||2016||Present value of net program costs (in 2018 dollars)||($1,575)|
|Comparison costs||$0||2016||Cost range (+ or -)||10 %|
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.|
Callan, V., & Gardner, J. (2005). Vocational education and training provision and recidivism in Queensland correctional institutions. Queensland, Australia: National Center for Vocational Education Research.
Lattimore, P.K., Witte, A.D., & Baker, J.R. (1990). Experimental assessment of the effect of vocational training on youthful property offenders. Evaluation Review, 14(2), 115-133.
Saylor, W.G., Gaes, G.G. (1996). PREP: Training inmates through industrial work participation, and vocational and apprenticeship instruction. Washington, DC: United States Federal Bureau of Prisons.