cost-benefit analysis in education

Cost-benefit analysis in education involves comparing the expenses of a program or intervention—such as resources, time, and effort—with the benefits it provides, like improved student achievement or long-term economic gains. This process helps decision-makers determine if the educational investment is worthwhile by assessing whether the positive outcomes outweigh the costs. Essentially, it’s a way to make informed choices about how to allocate limited resources effectively, ensuring that educational programs deliver maximum value and impact for students and society.