untruncated data were available only for
the pilot cohort.
Data
on other CVs were provided, but were defined
as inconclusive.
Data discussed in the following sections
are based on the actual
separation experiences of all CVs who
enrolled between January
1985 and March 15, 1986.
Restricting the analysis to CVs who
entered the program by March 15, 1986
maant that every corps-
member in the sample had the opportunity
to stay for the full
program cycle of one year by March 15, 1987,
when data collection
concluded.
Thus, the data are untruncated and unbiased.
Completion Rates and Length-of-Stay
Looking at all CVs who had enrolled
a year or more before March
15, 1987, we find that 27 percent
completed a full year.
No
other yearlong corps that P/PV has
studied showed as high a rate
of completion.
High school graduates and
women are disproportionately likaly to
complete a full year (Table 111.2).
Nearly half (43%) of com-
pleters were high school graduates,
though graduates represented
only 26 percent of the enrollees.
Fifty-two percent of complet-
ers were women, who represented 44 percent
of enrollees.
Should
the trend toward greater
recruitment and retention of high school
graduates continue, the proportion
of graduates in the corps
could very gradually increase.
Of CVs who left the
program (Table 111.3), about 57 percent had
stayed six months or longer.
The mean length-of-stay for all
corpsmembers is 6.1 months.
Again, the CVC is exceptional
among
yearlong corps programs--no other
corps has a mean length-of-stay
longer than 5.5 months.
One explanation for this
excellent record may lie in the
nature
of the CVC program.
However, the one programmatic
variable that
stands out from a research
standpoint is that CVC is the only
corps we have studied that offers
a cash or scholarship bonus
after six mcnths' service.
The chance to get a substantial
lump
sum may be u strong incentive for
CVs to stay long enough to
qualify.4
CVC is the only yearlong
corps that pays a stipend
4It is worth noting
that 26 weeks of work at the
minimum
wage, net of taxes, equals about 0,061
($3.35 an hour X 40 hours
a week X 26 weeks, minus $423 in
income and FICA taxes); CVC's
stipend of $82 a week
totals $2,132 in six months.
Adding the
six-month $1,000 readjustment
allowance, which is $810 net of
taxes, brings the total
for a CVC with six months in the
corps
to $2,942, $119 less than
six months' work at the
minimum wage.
The comparable figures
for one year's service
are:
minimum wage
net of taxes, $o,722 (gross
minus $1,264 in income and FICA
taxes); one year's stipend
in the CVC, $4,264 plus the
$2,500 12-
month cash allowance, which
is $2027 net of taxes.
Thus, full-
year CVs earn $6,291,
or about $569 more than they would
for a
year's work at the minimum
wage. (The net income from a minimum
wage job will increase in 1987
as the result of higher exemptions
from federal income tax.)
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