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Full report. - Social Research and Demonstration Corp

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learn$ave Project: Final ReportTable GMajor ComponentsBasic Framework of learn$ave Cost-Benefit AnalysisParticipants <strong>and</strong>FamilyAccounting PerspectiveGovernmentBudgetslearn$ave AccountsOpportunity cost of learn$ave deposits – 0 –Matched credits awarded + –* 0Employment EarningsEarnings:▪▪In-program foregone earnings (beneficiary) – 0 –▪▪In-program compensating earnings of family + 0 +▪▪Post-program earnings increase +* 0 +▪▪Post-program earnings of family – 0 –Self-employment / business:▪▪Post-program self-employment income increase +* 0 +Education/Business ExpensesTuition <strong>and</strong> fees for education – 0 –Additional expenses incurred – 0 –Opportunity cost of business start-up – 0 –Intangible CostsValue of time forgone (beneficiary) – 0 –Value of time forgone (family members) – 0 –Costs of learn$aveCost of learn$ave program delivery 0 –* –Costs <strong>and</strong> Benefits of Other Programs AffectedGovernment grants to education institiutions 0 – –Government expenditure on student supports 0 – –Taxes <strong>and</strong> Premia:▪▪In-program premia paid by employers (beneficiary) 0 – –▪▪In-program premia paid by employers (family) 0 + +▪▪Post-program premia paid by employers 0 + +▪▪Post-program income tax revenue – + 0<strong>Social</strong> Safety Net:▪▪EI / IA benefits – + 0▪▪EI / IA administration cost 0 + +Source: Calculations from learn$ave site staff time studies, Program Management Information System <strong>and</strong> accounting recordsNote: Components with the largest expected values are bolded.The positive <strong>and</strong> negative signs represent the expected cost <strong>and</strong> benefit impacts of learn$ave:– denotes net cost+ denotes net benefit0 denotes no impact* indicates expected benefits <strong>and</strong> costs that are large <strong>and</strong> have been estimated in Chapter 8.Bolded entries represent components with large expected values.Society156 | Appendix G <strong>Social</strong> <strong>Research</strong> <strong>and</strong> <strong>Demonstration</strong> <strong>Corp</strong>oration

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