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Using Return on Investment (ROI) and Other Related Tools: Guidelines for Measuring Career and Technical Education (CTE) Internal Efficiency and External Effectiveness.

State Level This exploratory study analyzed the distribution of postsecondary education benefits obtained within the state of California on a racial group basis. Asian American students were found to receive proportionally higher amounts of state funding compared to Latino students despite their widely divergent total student populations. This funding and corresponding benefit difference was attributed to observed racial group differences in twoand four-year college attendance rates along with associated instructional costs and public subsidies. Policy implications for postsecondary education funding and participation rates were discussed in addition to areas of future research pertinent to this area.