new august 2017: highlights from phase two research results
The College Count$ Return on Investment (ROI) model was kept simple, with focus on the two most tangible elements of governmental financing: state tax revenues that likely increase when a program’s participants achieve greater earnings, and public assistance spending by state and federal government that likely decreases as a program’s participants work and become less dependent on TANF Cash, Supplemental Nutrition Assistance Program (SNAP), and Medical Assistance benefits.
According to the model’s calculation of net gains, every dollar invested in CPI programming in 2009 resulted in a return of $1.79 to taxpayers over the course of five years. These solid fiscal returns to the state of Arkansas’s investment are further enhanced by the more intangible but nonetheless well documented societal benefits of a better trained workforce and well-educated general population, such as improved health, quality of life, and lower rates of incarceration.
These results when added to the earlier findings of improved educational and income outcomes for CPI participants, suggest that the Arkansas Career Pathway model is proving to be extremely effective in forging a path for low-income citizens to break the cycle of poverty and to achieve economic self-sufficiency.
highlights from phase one Research results
preview of phase three research
The College Count$ team is in the process of evaluating what components of the program most contribute to its success. This will be accomplished through both surveys and qualitative interviews of current and former program participants to examine which supports seem to be correlated to greater educational and career success. The findings may have significant impact on how community colleges can better improve completion rates and ensure academic success for all students. Results are expected in October 2017.