The Societal Benefits and Costs of School Dropout Recovery

Table 5

Ratio of benefits to costs of OFY/OFL dropout recovery.

(A) Annual social benefits associated with OFY/OFL Recovered dropouts, 2006-2007
(a) Total graduates (recovered dropouts) per Table 3	996
(b) Net present value of societal benefits per graduate (per Table 1)	$209,200
(c) Present value total societal benefits (a × b)	$208,363,200
(B) Net social benefits and benefit cost ratio
(d) Net present value of total costs, per Table 4	$70,029,385
(e) Present value NET total benefits (c-d)	$138,333,815
(f) Benefit Cost Ratio, current dollars (c/d)	3.0