|Benefit-Cost Summary Statistics Per Participant|
|Taxpayers||$3,498||Benefits minus costs||$11,207|
|Participants||$0||Benefit to cost ratio||$9.64|
|Others||$7,907||Chance the program will produce|
|Indirect||$1,100||benefits greater than the costs||97 %|
|Net program cost||($1,298)|
|Benefits minus cost||$11,207|
|Detailed Monetary Benefit Estimates Per Participant|
|Benefits from changes to:1||Benefits to:|
|Adjustment for deadweight cost of program||$0||$0||$0||($649)||($649)|
|Detailed Annual Cost Estimates Per Participant|
|Annual cost||Year dollars||Summary|
|Program costs||$1,249||2016||Present value of net program costs (in 2018 dollars)||($1,298)|
|Comparison costs||$0||2016||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||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|
Cho, R.M., & Tyler, J.H. (2010). Does prison-based adult basic education improve postrelease outcomes for male prisoners in Florida? Crime & Delinquency.
Harer, M.D. (1995). Prison education program participation and recidivism: A test of the normalization hypothesis. Washington, DC: Federal Bureau of Prisons, Office of Research and Evaluation.
Mitchell, O. (2002). Statistical analysis of the three state CEA data. Unpublished manuscript.
Sedgley, N.H., Scott, C.E., Williams, N.A., & Derrick, F.W. (2010). Prison's dilemma: Do education and jobs programmes affect recidivism? Economica, 77(307), 497-517.
Smith, L.G. (2005). Pennsylvania Department of Corrections education outcome study. Lanham, MD: Correctional Education Association.