Return On Investment
The example below shows real numbers from Program A, a 4-year apprenticeship in the mid-Atlantic states. To see how your program compares, use the blank worksheet below to calculate what your program may be losing each year on apprentices who leave or are expelled.
Program A
| Investment Loss Per Apprentice | |
|---|---|
| Cost to educate an apprentice for one year: | $7,000 |
| Multiply by | x |
| Year in which apprentices exit program (average): | 2 |
| Calculate total | = |
| This is the loss of investment in EACH apprentice that leaves or is expelled | $14,000 |
| Total Lost Investment | |
| Multiply by the investment loss per apprentice above | x |
| Number of apprentices who leave or are expelled each year (average): | 7 |
| Calculate total | = |
| This is the total lost to the program EACH YEAR | $98,000 |
Your Program
| Investment Loss Per Apprentice | |
|---|---|
| Cost to educate an apprentice for one year: | $ |
| Multiply by | x |
| Year in which apprentices exit program (average): | |
| Calculate total | = |
| This is the loss of investment in EACH apprentice that leaves or is expelled | $ |
| Total Lost Investment | |
| Multiply by the investment loss per apprentice above | x |
| Number of apprentices who leave or are expelled each year (average): | |
| Calculate total | = |
| This is the total lost to the program EACH YEAR | $ |