Monthly Archives: January 2014
Capitalism will solve the world’s greatest problems – not charity alone.
Seven cost-benefit analyses have been undertaken in the United States and Australia to examine the costs to society of providing extra supports to youth in care after the age of 18. The studies reveal vastly different approaches, assumptions, and data sources. Yet all reach the same conclusion: increased investment in services for youth transitioning from care yield benefits in the long term.
This is the first such study to be done in Canada. The analysis is based on the best and most promising aspects of the seven cost-benefit analyses mentioned above. The report examines available Ontario data, as well as Canadian and international sources, to esti- mate the cost of a program extension in Ontario. It also estimates the savings that could be achieved by bettering the lives of youth aging out of care.
25 is the new 21
The Costs and Benefits of Providing Extended Care & Maintenance to Ontario Youth in Care Until Age 25