Projected Economic and Social Benefits
– Propsed rollout is 2 pods (10 schools) in Year 1, 2 Pods (20 schools) in year 2.
– 2 Life Coaches per school, with 16 children under each
– PwC have developed a financial model which has been evaluated by experts from the social care industry
– Start up costs of $420,000 are required
– Cost per child is $8,500 which over the 3 year program totals $25,500
– Successful program will deliver children who integrate and work in society paying taxes and saving government on social support costs
– Mitchell Institute has quantified benefits to be $950,000 over the lifetime of the program. $335,000 in made up taxes and a $616,000 reduction in social costs