ERIC Number: ED072774
Record Type: RIE
Publication Date: 1972-Aug
Reference Count: 0
Project to Develop a Cost Benefit Model for Vocational Programs at College of Alameda. Final Report.
Ittner, Fred E.
A pilot study is reported in the development of a cost/benefit analysis model for vocational education programs in community colleges and its application to three programs at the College of Alameda. This model can be used to compare and assess the effectiveness of occupational education programs at the same college or different colleges at the same time or at different times. The model is based on the idea that program costs generate measurable return on investment in terms of income derived from placements of students who have completed the program. It is a generic model that is flexible enough to allow users to develop specific models to suit the particular needs of a particular college or district. The model includes a selection of costs to be assessed and analyzed in terms of program costs and benefits to be derived. The mosel was applied to the business equipment technology, dental assisting, and diesel mechanics programs at the College of Alameda. Institutional direct and indirect costs were selected for analysis because the model's use was determined to be primarily for the allocations and reallocation of institutional resources. Benefits used were increased earnings to the student who completed the program and was placed in the field for which he was trained. Results indicated that the increased income on entering the field was quite small. Further followup studies should be conducted to determine the extent of salary increases, and students and faculty should be better informed of the starting salaries for various fields. (KM)
Publication Type: N/A
Education Level: N/A
Sponsor: Peralta Community Coll. System, Oakland, CA.; Office of Education (DHEW), Washington, DC. Div. of Comprehensive and Vocational Education Research.
Authoring Institution: Alameda Coll., CA.
Note: Project No. 01-61267-C101-71