ERIC Number: ED048525
Record Type: Non-Journal
Publication Date: 1970
Reference Count: N/A
The Impact of Age and Education on the Effectiveness of Training; A Benefit-Cost Analysis.
The study examines the Manpower Development and Training Act (MDTA) institutional training of the unemployed using benefit cost analysis to determine the impact of a changing clientele on the economic efficiency of training and the effects of age and previous education on the benefits and costs of training. Using a sample of trainees selected from the Maryland State Employment Services, benefits and costs were computed for the trainee, the government, and the economy. Data were obtained through personal interviews. The benefit cost analysis revealed that MDTA was economically efficient, despite the change in clientele from the technologically displaced to the hard core unemployed; there was significantly higher payoff from training to the economy for trainees with under nine years of education; training payoffs for youth were significantly greater than for those 21 years or over; and training programs were financially worthwhile for the trainee. (Author/PT)
Descriptors: Academic Achievement, Age Differences, Cost Effectiveness, Disadvantaged, Doctoral Dissertations, Economics, Educational Programs, Interviews, Investigations, Labor Force Development, Training, Unemployment, Unskilled Workers
University Microfilms, 300 N. Zeeb Rd., Ann Arbor, Michigan, 48106, (Order No. 70-26-753, MF $4.00, Xerography $10.00)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Johns Hopkins Univ., Baltimore, MD.
Identifiers - Laws, Policies, & Programs: Manpower Development and Training Act