This study was undertaken to relate Job Corps training outcomes to the costs of training, in terms of human talent, time, and material resources. Training outcomes or benefits were classified according to Job Corps objectives, then compared to total costs incurred by both training center and enrollee. Empirical validation and other evaluation of the procedure proved it to be sound and applicable in a comparison of manpower training programs. The results reversed several conclusions of earlier studies which had considered outcomes only. When costs are included in the analysis, it is no longer true that young or rural corpsmen perform poorly. When heavily oriented placement scales are used as criteria, the superior performance records of black corpsmen is reversed. A detailed presentation of the model is included, along with tables displaying the full results of the analysis. (BH)