Tuesday, March 17, 2009

Long-term Cost of Abandoning Young Adults = More Expensive Than Helping Them

APPENDIX A: COST BENEFIT ANALYSIS OF THE TRANSITION GUARDIAN PLAN
Tom Packard, D.S.W., School of Social Work, San Diego State University, Nov. 2006





SUMMARY
● In purely financial terms, this program, if fully successful, would have a benefit-cost ratio of 3 to 1 (using present value dollars, the ratio is nearly 2 to 1).

FURTHER RESOURCES:
● California’s Fostering Connections to Success Act and the Costs and Benefits of Extending Foster Care to 21 By Mark E. Courtney, Amy Dworsky and Clark Peters; Partners for Our Children; March 2009.
Expanding Transitional Services for Emancipated Foster Youth: An Investment in California's Tomorrow by the Children’s Advocacy Institute, January 2007.
● Midwest Evaluation of the Adult Functioning of Former Foster Youth: Outcomes at Age 19: Chapin Hall Executive Summary by Mark E. Courtney and Amy Dworsky, 2005.

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