Sunday, September 25, 2011

cost benefit analysis of k-12 education

COST: tangible                                             |   BENEFIT : tangible                                                            
  1. $50,000 total tuition cost for education  1. Around $400,000/year from being able to go get a college degree causing you to get a better job.
  2. $10,080 total transportation costs to school             2. $100,000  (having an education )
  3. $8,400 on food                                                       3. $8,000higher social standard
  4. $1000 on sports trips in high school                         4.  $5,000respect from community
  5. $700 on all the uniforms that are bought throughout High school 5.    $8,000 healthier living
Cost: intangible                                            |       Benefit: intangible   
  1. $5,000(negative Influences by the school's teachings)  1. $8,000(positive influences from the school's                   teachings)                                                                               
  2. $2,500(Stress of work)                                               2.$10,000 (able to better influence others )       
  3.  $2,500(physical fatigue from school)             3. $25,000(in school you learn to work  hard in order to be able to succeed).
  4.    $8,000(negative peer influence)    4.  $8,000(you posses a better understanding of the world around you)
  5. $10,000(exposed to diseases passed from school community  5.$5,000(you learn to be responsible)

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