ERIC Number: ED146435
Record Type: Non-Journal
Publication Date: 1977-Jul
Pages: 203
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Available Date: N/A
Cost Benefit Model Development. Final Report.
Marson, Arthur A.; And Others
A one-year cost benefit analysis study was conducted by a consortium of technical institutes, and two cost benefit models were developed and refined for evaluating benefits and costs of full-time vocational technical programs and aidable, noncredit adult education courses. The models were tested on a sample of nine full-time vocational technical programs and sixty-three adult education courses which reflected a cross-section of instructional areas in vocational technical education. Findings were that benefits from vocational technical education programs and aidable, noncredit education courses outweigh the costs of such courses for both the student and for society in general, with the cost benefit ratio being 2.7 to 1.00 for society and 2.17 to 1.00 for an individual student. Six recommendations were offered and included further research being done on the noneconomic costs and benefits of vocational technical education. (Results of the test programs are presented in this report, as well as the models. Correspondence and sample cost benefit and survey forms are appended.) (BL)
Descriptors: Adult Education, Cost Effectiveness, Economic Research, Educational Finance, Educational Research, Instructional Student Costs, Models, Noncredit Courses, Postsecondary Education, Program Budgeting, Program Costs, Program Effectiveness, Program Evaluation, Technical Education, Vocational Education
Publication Type: Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: Office of Education (DHEW), Washington, DC.
Authoring Institution: Wisconsin State Board of Vocational, Technical, and Adult Education, Madison.
Identifiers - Location: Wisconsin
Grant or Contract Numbers: N/A
Author Affiliations: N/A


