This document lays out a plan for the cost-benefit analyses (CBAs) that will be conducted for up to six of the nine Pathways for Advancing Careers and Education (PACE) programs. The Career Pathways Intermediate Outcomes (CPIO) study is evaluating the intermediate impacts and outcomes of the PACE programs. The CBAs cover the three-year period after study enrollment.
The CBAs planned in this document will accompany and extend the related “what works” impact analyses of the CPIO study. This document will guide the estimation of the costs of providing the PACE programs and our comparison of these costs with gains in employment and self-sufficiency measured in the impact analyses.
Findings from the CBAs—how program costs compare with observed benefits—will help policymakers assess whether to encourage continuation or potentially expansion of each program’s approach as part of national policy. (Author abtract)