Table 5. Economic Costs and Benefits for Alternative Investments in Children and Youth in 2002 dollars.
Program and source |
Per Participant Cost ($) |
Estimated Benefits ($) |
Benefit- Cost Ratio |
---|---|---|---|
High/Scope Perry Preschool (Barnett, 1996) |
15,844 | 138,486 | 8.74 |
Child-Parent Center Preschool Program (Reynolds et al., 2002) |
7,384 | 52,722 | 7.14 |
Child-Parent Center Extended Program (Pk-3) (Reynolds et al., 2002) |
4,478 | 27,361 | 6.11 |
Abecedarian Project (Masse & Barnett, 2002) |
35,864 | 135,546 | 3.78 |
Women, Infants, and Children (WIC, Avruch & Cackley, 1995) |
958 | 2,941 | 3.07 |
Tennessee STAR class size reduction in K-3 (Krueger, 2003) |
8,454 | 23,913 | 2.83 |
Child-Parent Center school-age program (Reynolds et al., 2002) |
3,290 | 5,457 | 1.66 |
Grade retention (Temple et al. 2004) | 7,959 | −26,434 | −3.32 |
Note. Values were converted to 2002 dollars using the Consumer Price Index. Costs for WIC are for 2 years of services. In the other programs, costs are for the average length of participation. CPC Extended Program (P-3) findings are relative to less extensive program participation (0 to 3 years).