This is the third of nine economic principles and a very relevant topic for making donation decisions. Benefit/cost analysis is simply structured decision-making to help students weigh alternatives and outcomes to make the right choice for their well being. California Council on Economic Education, CCEE, uses a five-step process (see example below) to teach students how to make better choices and accept responsibility for the outcomes.
As you weigh the benefits and costs of making a donation, here is some information to think about. CCEE has ambitious goals because California is a big place with seven million K-12 students. CCEE’s operating budget is less than the top three state Economic Councils combined, yet California is the largest educational system in the country. CCEE’s current budget cannot meet the demand without your, or your company’s, donation. Now, more than ever, California’s students need to know about the economy they will enter. Two facts emphasize the urgency of our mission. In the next 10 years, more than 50% of new jobs will require a college degree or post-high-school training. In some areas of California, the high school dropout rate is more than 50%. Unless we educate our children about the economic realities that they will face, we are consigning many of them to a life of poverty.
Help accomplish these important goals:
How can you help?
Expansion Campaign Progress:
Five-Step Benefit/Costs Analysis Tool Example (See the lesson: Using the Decision-Making Apron):
Narrowed down to two alternatives: 1) Talk to the nearby school principal; 2) Donate to CCEE and leverage their teacher network
Advantages of 2): Feel good about being part of something bigger than myself, making a difference on a grand scale and helping children improve their lives and help themselves
Disadvantages 2): Will take time to realize the ambitious goals
Join CCEE for updates and tracking progress toward our goals.