An evaluation of the scheme for 15- to 17-year-olds, which is backed with £1.2bn of government cash up to 2020, found that the financial return for every £1 spent for the spring 2015 programme was between £0.70 and £1.24, while for the summer project it was between £0.78 and £1.59.
The only part of the initiative estimated to guarantee a social return was the autumn programme, which delivered a return of between £1.18 and £2.38 of benefits for every £1 spent.
The potential social benefits the scheme is believed to deliver include improved education and career outcomes, increased happiness, better mixing with people of different backgrounds, and increased participation in volunteering.
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