Benefits and Costs of a Targeted Intervention Program for Youthful Offenders: The Youthbuild USA Offender Project
39 Pages Posted: 2 Jul 2008 Last revised: 18 Nov 2015
Date Written: November 2015
Abstract
This paper reports on a benefit-cost analysis of a targeted intervention program aimed at low-income, 16-24 year old criminal offenders, the YouthBuild Offender Project. Using data on 388 participants, we find: (1) evidence of reduced recidivism and improved educational outcomes that exceed our expectations based on similar cohorts, and (2) evidence consistent with a positive benefit-cost ratio, indicating that every dollar spent on the YouthBuild Offender Project is estimated to produce a return on investment between $7.20 and $21.60, with benefits to society ranging between $174,000 and $281,000 per participant at a cost to society between $13,000 and $24,000.
Keywords: cost-benefit analysis, high risk youth, delinquency, recidivism, high school graduation
JEL Classification: D61, K42, I21
Suggested Citation: Suggested Citation
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