ERIC Number: ED037495
Record Type: RIE
Publication Date: 1967-Sep
Reference Count: 0
Benefit/Cost Estimates for Job Corps. Discussion Papers.
Cain, Glen G.
In this review, benefits are equated with the impact of the Job Corps on increasing earnings of the Corpsmen above what their earnings would have been in the absence of the program. Earning improvements are measured in two alternative ways: (1) the educational gains achieved in the Job Corps in conjunction with education and life-time earnings, and (2) comparison of wages earned by ex-Corpsmen with the wages of a comparable group of youth who had no Job Corps experience. Net costs of the average five-month Job Corps experience is estimated at $3500 and this figure includes an allowance for the overhead expenses of Job Corps and for the earnings foregone by the Corpsmen during their training. Appraised value of work projects is subtracted from costs and, finally, the value of transfer payments made to Corpsmen is deducted. Analysis is supported by a technical discussion of source materials and procedures used to manipulate data. (KG)
Publication Type: N/A
Education Level: N/A
Sponsor: Office of Economic Opportunity, Washington, DC.
Authoring Institution: Wisconsin Univ., Madison. Inst. for Research on Poverty.
Identifiers: Job Corps