|
|
How Do I Show Return
on Investment?
|
Category |
Formula |
|
1. Public
Assistance Savings |
Multiply the #
of students removed from public assistance by the average annual TANF
benefit.
Example: 100
students X $13,000 = $1,300,000 |
|
2. Unemployed
Students Who Find Jobs |
Multiply the #
of students who obtained a job times the hourly minimum wage times 40
hours/week times 52 weeks.
Example: 100
students X $5.35 X 40 X 52 = $1,112,800 |
|
3. Employed
Students Who Get Job Promotions or Better Jobs |
Multiply the #
of students times $.25/hour times 40 hours/week X 52 weeks.
Example: 100
students X .25 X 40 X 52 = $52,000 |
|
4. Increased
Tax Revenue |
Add the totals
from #2 and #3, then multiply by 20%.
Example:
$1,112,800 + $52,000 X .20 = $236,000 |
Return on Investment
(ROI)
Total of #1 through
#4 minus total Adult Education budget equals ROI!
EXAMPLE
$2,700,800
-- $1,500,000
= $1,200,800
Dollars Saved
or Earned Adult Ed
Budget ROI
|
|
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Contact us: Dr. Lennox
McLendon, Executive Director; 444 North Capitol Street, NW; Suite 422;
Washington, DC 20001
Phone: 202-624-5250; Fax: 202-624-1497; Email:
lmclendon@naepdc.org |
