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ERIC Number: ED029248
Record Type: RIE
Publication Date: 1966-Jan
Pages: 91
Abstractor: N/A
Reference Count: N/A
The Evaluation of Selected Present and Potential Poverty Programs.
Muth, Richard
The study attempts to evaluate the efficiency of two types of alternative programs aimed at increasing the incomes of poor families. It deals with programs involving education and training as well as those which represent direct measures for increasing family income. In order to compare such programs, a common measure of efficiency is needed. The one chosen here is the annual cost to the Federal government of raising income by $100 per year until worker reaches age 65. A rate of 9% is used to discount future income. In evaluating education and training programs, the criterion applied in judging benefits is not the change in employment but the increase in the workers' future earnings. In the absence of adequate data on the benefits of education and training programs, it was assumed that Head Start or nine months of MDTA or Job Corps training would yield the same average increase in earnings as an additional year of high school education. (The document includes 22 tables, with appendixes on Federal cost factors and the determination of family income.) (author/ly)
Clearinghouse for Federal Scientific and Technical Information; Springfield, Virginia 22151 (AD-682-203, MF $0.65, HC $3.00)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Institute for Defense Analyses, Arlington, VA.