8.3 Cost per Trainee Estimates
On the basis of these costs, it is possible to arrive at an
estimate of the recurrent cost per trainee while they are enrolled in the
colleges. Since the staff-student ratios are similar, and non-salary costs are
small, there is no significant difference in these costs between the colleges.
Overall, it would appear that in 1995, unit costs were about TT $26,700 (TT
$19.040 million). In 1998 enrolment was 791, there were 52 lecturers in post
(including principals), and about 20 ancillary staff. Based on average salary
costs (including the new salary scales), this would give a cost per trainee per
year in 1999 of about TT $35,000 (US $5,550). Thus, a trained teacher would cost
about TT $70,000 to produce over two years. This is about three times GNP per
capita.