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Autor/inNavaratnam, Kathiravelu K.
TitelA Cost-Benefit Analysis Model for Secondary Vocational Programs: A New Approach from School Perspective.
Quelle(1986), (22 Seiten)
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Spracheenglisch
Dokumenttypgedruckt; online; Monographie
SchlagwörterCost Effectiveness; Economic Factors; Economic Research; Educational Economics; Financial Support; Income; Models; Outcomes of Education; Program Costs; Program Implementation; Secondary Education; Vocational Education
AbstractThis study established a cost-benefit analysis model for use by local school practitioners to assist in efforts to determine the economic outcomes of their vocational education programs. The model, the components of which were costs, process, and benefits, was established with the assistance of a panel of experts that included a local school administrator. Once established, the model was implemented within a local school division using programs from four different vocational service areas. The costs were determined by using school records for the previous year and prorated according to use by vocational education. Components of costs were personnel, building, equipment, materials and supplies, administration, travel, services, utilities, and maintenance. The process was the actual conduct of the programs. The benefits were determined by the income from graduates' salary, income earned from cooperative placement of students, and income from the provision of services by the program to the public. The findings from use of the model indicate that three of the four vocational programs had positive economic outcomes. The panel of experts determined that the model was both usable and transportable. The researchers recommended the use of the model to assist local school practitioners in determining economic outcomes and making decisions based upon such outcomes in vocational education. (Author)
Erfasst vonERIC (Education Resources Information Center), Washington, DC
Update2004/1/01
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