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

See all articles by Mark A. Cohen

Mark A. Cohen

Vanderbilt University - Strategy and Business Economics; Vanderbilt University - Law School; Resources for the Future

Alex R. Piquero

University of Texas at Dallas - School of Economic, Political and Policy Sciences; Griffith University

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

Cohen, Mark A. and Piquero, Alex R., Benefits and Costs of a Targeted Intervention Program for Youthful Offenders: The Youthbuild USA Offender Project (November 2015). Available at SSRN: https://ssrn.com/abstract=1154055 or http://dx.doi.org/10.2139/ssrn.1154055

Mark A. Cohen (Contact Author)

Vanderbilt University - Strategy and Business Economics ( email )

Nashville, TN 37203
United States
615-322-0533 (Phone)

HOME PAGE: http://https://business.vanderbilt.edu/bio/mark-cohen/

Vanderbilt University - Law School

131 21st Avenue South
Nashville, TN 37203-1181
United States

Resources for the Future ( email )

1616 P Street, NW
Washington, DC 20036
United States
202-328-5000 (Phone)

Alex R. Piquero

University of Texas at Dallas - School of Economic, Political and Policy Sciences ( email )

800 W. Campbell Road, GR31
Richardson, TX 75080
United States
972-883-2482 (Phone)
972-883-6572 (Fax)

Griffith University

170 Kessels Road
Nathan, Queensland QLD 4111
Australia

Register to save articles to
your library

Register

Paper statistics

Downloads
338
Abstract Views
2,186
rank
88,456
PlumX Metrics