ERIC Number: ED034055
Record Type: RIE
Publication Date: 1969-Jun
Reference Count: 0
Cost Effectiveness Analysis of Vocational-Technical Education Programs. A Pilot Study. Final Report (October 14, 1968 to June 30, 1969).
Kraft, Richard H. P.
This study was concerned with the collection and analysis of empirical data regarding the public and private costs and some utility aspects of vocational-technical education at two educational centers. Activities included establishing: (1) occupational objectives of programs offered, (2) the degree of attainment of occupational objectives by graduates in terms of earnings levels, (3) a cost-effectiveness ratio, by dividing the private and public costs per student by a ranked utility number assigned to the earnings level of each sampled graduate and computing a mean ratio for each program, and (4) a simulation model with respect to optimizing a number of interacting variables such as staff and facility organization and utilization. The study report is preceded by a literature review and discussions of cost-utility as an emerging concept, the cost-benefit role in Planning, Programming, and Budgeting Systems (PPBS), and cost-utility systems in school administration. A model for further analysis is presented following the study report. (JK)
Publication Type: N/A
Education Level: N/A
Sponsor: Florida State Dept. of Education, Tallahassee. Div. of Vocational, Technical and Adult Education.
Authoring Institution: Florida State Univ., Tallahassee. Educational Systems and Planning Center.