Accession Number:

ADA235985

Title:

Army College Fund Cost-Effectiveness Study

Descriptive Note:

Final rept.

Corporate Author:

SRA CORP ARLINGTON VA

Personal Author(s):

• Smith, D. A.
• Hogan, Paul
• Goldberg, Lawrence

Report Date:

1990-11-01

Pagination or Media Count:

105.0

Abstract:

The Army College Fund ACF has been a key element in the Armys strategy to recruit high quality individuals since FY82. However, the cost- effectiveness of the ACF as a force-manning tool has been a subject of debate since its introduction, primarily due to uncertainty about the values of key parameters required for a cost-effectiveness analysis. To improve the foundation for a cost-effectiveness analysis of the ACF, we first conducted three research efforts using newly-available data 1 estimation of an enlistment supply model to determine the enlistment elasticity associated with ACF benefits, 2 estimation of first-term attrition and reenlistment models to assess the retention effects of the ACF, and 3 an analysis of education benefits usage. The results from these efforts were combined with other research in the area to provide the key parameters required for the cost-effectiveness analysis. Using a reasonable range of assumptions, we found that the ACF, at levels recently used, is a cost-effective recruiting tool.

Descriptors:

• *COST EFFECTIVENESS
• *ARMY
• UNCERTAINTY
• STRATEGY
• EDUCATION
• MODELS
• TOOLS
• PARAMETERS
• RECRUITING
• ATTRITION
• ELASTIC PROPERTIES
• ESTIMATES
• RETENTION(GENERAL)
• UNIVERSITIES
• SUPPLIES
• BENEFITS
• REENLISTMENT

Subject Categories:

• Personnel Management and Labor Relations
• Military Forces and Organizations

Distribution Statement:

APPROVED FOR PUBLIC RELEASE