A Better Metric for the Value of a Worker Training Program

Harvard Business

In a dynamic economy workers are expected to adapt, to change not just jobs but sometimes careers, to pick up new skills when necessary. If a program has a low cost per student but fails to actually help people forge a solid career, then the fact that the failure is cheap does not make it any less of a failure. Or, if the jobs themselves are low paying and don’t offer students a viable career path, they may not be worth it regardless of the high retention rates.

TCO 40